The value of the first orders, consisting of crushing and grinding equipment, is close to €100 million in total.
Orders for the TankCell mechanical flotation cells and high-intensity Concorde Cell units, HRT thickeners, Vertimill and HIGmill regrind mills, mill reline equipment, concentrate filters and automation equipment included in the frame agreement are expected to be signed and booked in the Minerals segment’s order intake later in 2024 and 2025.
“Reko Diq will substantially expand Barrick’s strategically significant copper and gold portfolios and benefit all its Pakistani stakeholders for generations to come. We are pleased to partner with Metso in this project where sustainable concentrate processing is one of the key drivers for plant design and operation,” said Mark Bristow, Barrick president and CEO. Reko Diq Mining is 50% owned by Barrick Gold.
”We are excited to work as a strategic partner with Reko Diq Mining in this major greenfield project which will ramp up global copper production required for energy transition. Metso will provide Reko Diq with advanced and sustainable technology for the production of copper and gold concentrates,” said Markku Teräsvasara, president of the Minerals business area and Deputy CEO of Metso.
