{"id":8829,"date":"2024-08-15T16:59:17","date_gmt":"2024-08-15T06:59:17","guid":{"rendered":"https:\/\/yinghuiinternational.com\/?p=8829"},"modified":"2024-09-01T17:01:07","modified_gmt":"2024-09-01T07:01:07","slug":"metso-locks-in-333m-order-at-reko-diq","status":"publish","type":"post","link":"https:\/\/yinghuiinternational.com\/index.php\/2024\/08\/15\/metso-locks-in-333m-order-at-reko-diq\/","title":{"rendered":"Metso locks in $333m order at Reko Diq"},"content":{"rendered":"\n

<\/h1>\n\n\n\n

\"\"Olivia Thomson<\/a><\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n

Image: Metso<\/p>\n\n\n\n

Metso has signed a comprehensive frame agreement with Reko Diq Mining, the owner of the Reko Diq copper-gold project, one of the largest undeveloped copper-gold deposits in the world.<\/p>\n\n\n\n

Under the agreement, Metso will deliver crushing and grinding circuits that include Superior\u00a0<\/sup>6089 MKIII gyratory crushers, Nordberg MP1250 con<\/strong>e crushers and Premier ball mills with 51-megawatt installed power. These are equipped with gearless mill drive technology and Metso\u2019s failsafe polymer hydrostatic shoe bearing systems.<\/p>\n\n\n\n

Reko Diq Mining has also placed orders for TankCell <\/sup><\/em>mechanical flotation cells, high-intensity Concorde Cell <\/sup>units, HRT thickeners, Vertimill and HIGmill regrind mills, mill reline equipment, concentrate filters and automation equipment, all of which are expected to be signed and booked in Metso\u2019s minerals segment order intake later this year and 2025.<\/p>\n\n\n\n

The equipment packages under the framework agreement are valued at $EU200 million ($333 million).<\/p>\n\n\n\n

\u201cWe 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,\u201d President of Metso\u2019s minerals business division and deputy chief executive officer (CEO) Markku Ter\u00e4svasara said<\/a>.<\/p>\n\n\n\n

\u201cMetso will provide Reko Diq with advanced and sustainable technology for the production of copper and gold concentrates.\u201d<\/p>\n\n\n\n

Reko Diq Mining is 50 per cent owned by Barrick Gold, 25 per cent owned by three federal state-owned enterprises, with the balance held by the Balochistan Government.<\/p>\n\n\n\n

The Reko Diq project is expected to have a mine life of approximately 40 years as a truck-and-shovel open pit operation, with construction expected in two phases. This will provide a combined processing capacity of roughly 90 million tonnes per annum. First production is targeted for 2028.<\/p>\n\n\n\n

\u201cReko Diq will substantially expand Barrick\u2019s strategically significant copper and gold portfolios and benefit all its Pakistani stakeholders for generations to come,\u201d Barrick president and CEO Mark Bristow said.<\/p>\n\n\n\n

\u201cWe are pleased to partner with Metso in this project where sustainable concentrate processing is one of the key drivers for plant design and operation.\u201d<\/p>\n\n\n\n

Subscribe to <\/em>Australian Mining<\/em><\/a> and receive the latest news on product announcements, industry developments, commodities and more.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Olivia Thomson Image: Metso Metso has signed a comprehensive frame agreement with Reko Diq Mining, the owner of the Reko Diq copper-gold project, one of the largest undeveloped copper-gold deposits in the world. Under the agreement, Metso will deliver crushing and grinding circuits that include Superior\u00a06089 MKIII gyratory crushers, Nordberg MP1250 cone crushers and Premier … Continue reading “Metso locks in $333m order at Reko Diq”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[37,206,7],"tags":[],"class_list":["post-8829","post","type-post","status-publish","format-standard","hentry","category-clients","category-goldcopper","category-news"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p83F9T-2ip","jetpack-related-posts":[{"id":1812,"url":"https:\/\/yinghuiinternational.com\/index.php\/2016\/10\/20\/metso-supplying-comminution-and-processing-for-tibetan-copper\/","url_meta":{"origin":8829,"position":0},"title":"Metso supplying comminution and processing for Tibetan copper","author":"yinghui","date":"October 20, 2016","format":false,"excerpt":"Metso is supplying key minerals processing equipment to Tibet Julong Copper for one of the largest greenfield copper projects in the world. 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