{"id":4093,"date":"2025-06-25T14:10:01","date_gmt":"2025-06-25T09:10:01","guid":{"rendered":"https:\/\/youdigital.pk\/en\/?p=4093"},"modified":"2025-06-25T15:44:58","modified_gmt":"2025-06-25T10:44:58","slug":"barrick-komatsu-seal-440m-deal-for-reko-diq-equipment","status":"publish","type":"post","link":"https:\/\/youdigital.pk\/en\/2025\/06\/25\/barrick-komatsu-seal-440m-deal-for-reko-diq-equipment","title":{"rendered":"Barrick, Komatsu Seal $440M Deal for Reko Diq Equipment"},"content":{"rendered":"<p data-start=\"292\" data-end=\"532\"><strong>ISLAMABAD: Barrick Mining Corporation and Komatsu have entered a $440 million agreement.<\/strong><\/p>\n<p data-start=\"292\" data-end=\"532\">The deal secures the supply of key mining equipment for the Reko Diq copper-gold project.<\/p>\n<p data-start=\"292\" data-end=\"532\">Deliveries of equipment are scheduled to start in 2026.<\/p>\n<p data-start=\"534\" data-end=\"843\">This milestone marks a major step in developing one of the world\u2019s largest untapped copper-gold deposits.<\/p>\n<p data-start=\"534\" data-end=\"843\">The Reko Diq site, located in Balochistan, is a joint venture between Barrick and the Government of Pakistan.<\/p>\n<p data-start=\"534\" data-end=\"843\">The partnership aims to bring long-term economic growth and job creation to the region.<\/p>\n<p data-start=\"845\" data-end=\"1148\"><strong data-start=\"845\" data-end=\"901\">High-Tech Mining Equipment for Large-Scale Operation<\/strong><\/p>\n<p data-start=\"845\" data-end=\"1148\">The agreement includes primary loading, hauling, and support equipment.<\/p>\n<p data-start=\"845\" data-end=\"1148\">Komatsu will provide advanced machinery to optimize extraction and production capacity.<\/p>\n<p data-start=\"845\" data-end=\"1148\">The equipment package also includes remote monitoring and automation features.<\/p>\n<p data-start=\"1150\" data-end=\"1310\">Barrick plans to initiate construction in 2025, with production to begin by 2028.<\/p>\n<p data-start=\"1150\" data-end=\"1310\">The project will adhere to global environmental and operational standards.<\/p>\n<p data-start=\"1312\" data-end=\"1640\"><strong data-start=\"1312\" data-end=\"1360\">Strategic Impact on Pakistan\u2019s Mining Sector<\/strong><\/p>\n<p data-start=\"1312\" data-end=\"1640\">This investment is expected to attract additional foreign interest in Pakistan\u2019s mining industry.<\/p>\n<p data-start=\"1312\" data-end=\"1640\">Government officials have called it a game-changer for regional development.<br data-start=\"1539\" data-end=\"1542\" \/>The deal enhances Pakistan\u2019s reputation as a viable destination for large-scale mining ventures.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: Barrick Mining Corporation and Komatsu have entered a $440 million agreement. The deal secures the supply of key mining equipment for the Reko Diq copper-gold project. Deliveries of equipment are scheduled to start in 2026. This milestone marks a major step in developing one of the world\u2019s largest untapped copper-gold deposits. The Reko Diq &hellip;<\/p>\n","protected":false},"author":6,"featured_media":4094,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[1310,1961,1962],"class_list":["post-4093","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tie-business","tag-investment","tag-mining","tag-rekodiq"],"_links":{"self":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/4093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/comments?post=4093"}],"version-history":[{"count":1,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/4093\/revisions"}],"predecessor-version":[{"id":4095,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/4093\/revisions\/4095"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/media\/4094"}],"wp:attachment":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/media?parent=4093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/categories?post=4093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/tags?post=4093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}