Fluor receives final notice to proceed on Reko Diq
US-based engineering group Fluor has received the final notice to proceed from Barrick Mining on the development of the multibillion-dollar Reko Diq copper project in Pakistan.
Fluor was named Barrick’s lead engineering, procurement and construction management (EPCM) partner in April and booked its share of the contract in the second quarter. The total contract value has not been disclosed.
“Fluor and Barrick share a strong commitment to delivering large-scale mining projects safely, responsibly and efficiently,” said Fluor president of mining and metals Harish Jammula. “Reko Diq will be a major contributor to Pakistan’s economy, which is expected to have a transformative impact on Balochistan province.”
Construction is set to begin later this year, with first production targeted for 2028. The mine will be built in two phases and will eventually process up to 90-million tonnes a year of ore.
The project will include multiple openpit mines, processing facilities and transport infrastructure to move concentrate and consumables between the site and port.
“Fluor’s selection as our EPCM partner strengthens our ability to execute the Reko Diq project with the technical rigour, operational discipline and socio-environmental responsibility that are hallmarks of both companies,” said Barrick CEO Mark Bristow.
“We look forward to working closely with Fluor to ensure that Reko Diq delivers lasting value to the equity partners, both local and international, as well as the many in-country stakeholders, including the people of Balochistan and Pakistan.”
Reko Diq, jointly owned by Barrick and Pakistan stakeholders, is expected to have a mine life of more than 40 years. Fluor brings experience in executing large-scale copper projects in remote and high-altitude environments, which will be critical to the success of the project.
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