{"id":104204,"date":"2025-12-15T12:35:21","date_gmt":"2025-12-15T07:35:21","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=104204"},"modified":"2025-12-15T12:35:26","modified_gmt":"2025-12-15T07:35:26","slug":"reko-diq-exports-to-be-handled-by-pibt","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/reko-diq-exports-to-be-handled-by-pibt.html","title":{"rendered":"Reko Diq copper-gold exports to be handled by PIBT"},"content":{"rendered":"\n<p>Karachi: Pakistan International Bulk Terminal Limited (PIBT) has signed an agreement with Reko Diq Mining Company (Private) Limited to handle the export of copper-gold concentrate from the Reko Diq project, according to a notice issued to the Pakistan Stock Exchange (PSX) on Monday.<\/p>\n\n\n\n<p>In a separate but related development, PIBT has also executed a supplemental implementation agreement with the Port Qasim Authority (PQA). The agreement grants PIBT additional concessions, rights and licences to handle, store and export copper-gold commodities, as well as minerals, metals and other natural earth commodities, on a non-exclusive basis.<\/p>\n\n\n\n<p>\u201cThese supplemental concessions enable the company to cater for the handling, storage and export of copper-gold commodities, including minerals and metals,\u201d the company said in its disclosure.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/reko-diq-machinery-deployed-at-project-site.html\" target=\"_blank\" rel=\"noreferrer noopener\">Reko Diq: Machinery deployed, close ceremony in Jan<\/a><\/p>\n\n\n\n<p>Reko Diq is a large, undeveloped copper and gold deposit located in Balochistan and is regarded as one of the world\u2019s largest mineral resources of its kind. The project is jointly owned by Barrick (50%), three federal state-owned enterprises (25%), and the Government of Balochistan (25%). Of the provincial government\u2019s stake, 15% is fully funded while 10% is held on a free-carried basis.<\/p>\n\n\n\n<p>The Reko Diq project is expected to begin production in 2028 and is anticipated to make a significant contribution to Pakistan\u2019s economy once mining and export operations commence.<\/p>\n\n\n\n<p>The agreement positions PIBT to play a key role in meeting the future logistics and export requirements of the Reko Diq project, one of Pakistan\u2019s largest planned mining developments.<\/p>\n\n\n\n<p>Pakistan International Bulk Terminal Limited was incorporated in 2010 and operates under a Build-Operate-Transfer (BOT) agreement with the Port Qasim Authority for the construction, development, operation and management of the coal and clinker terminal at Port Qasim for a period of 30 years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: Pakistan International Bulk Terminal Limited (PIBT) has signed an agreement with Reko Diq Mining Company (Private) Limited to handle the export of copper-gold concentrate from the Reko Diq project, according to a notice issued to the Pakistan Stock Exchange (PSX) on Monday. In a separate but related development, PIBT has also executed a supplemental implementation agreement with the Port Qasim Authority (PQA). The agreement grants PIBT additional concessions, rights and licences to handle, store and export copper-gold commodities, as well as minerals, metals and other natural earth commodities, on a non-exclusive basis. \u201cThese supplemental concessions enable the company to cater for the handling, storage and export of copper-gold commodities, including minerals and metals,\u201d the company said in its disclosure. Read: Reko Diq: Machinery deployed, close ceremony in Jan Reko Diq is a large, undeveloped copper and gold deposit located in Balochistan and is regarded as one of the world\u2019s largest mineral resources of its kind. The project is jointly owned by Barrick (50%), three federal state-owned enterprises (25%), and the Government of Balochistan (25%). Of the provincial government\u2019s stake, 15% is fully funded while 10% is held on a free-carried basis. The Reko Diq project is expected to begin&hellip;<\/p>\n","protected":false},"author":18,"featured_media":101152,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[1952,69867,68391,47122,61086,64096,61950,69864,69865,69866,4563,14927],"persona":[],"class_list":{"0":"post-104204","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-balochistan","9":"tag-barrick","10":"tag-copper-gold-exports","11":"tag-infrastructure-development","12":"tag-logistics","13":"tag-mineral-exports","14":"tag-mining-sector","15":"tag-pakistan-international-bulk-terminal","16":"tag-pibt","17":"tag-port-qasim-authority","18":"tag-psx","19":"tag-reko-diq","20":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Reko Diq exports to be handled by PIBT - Zameen News<\/title>\n<meta name=\"description\" content=\"The agreement grants PIBT additional concessions, rights and licences to handle, store and export copper-gold commodities...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/reko-diq-exports-to-be-handled-by-pibt.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reko Diq exports to be handled by PIBT - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The agreement grants PIBT additional concessions, rights and licences to handle, store and export copper-gold commodities...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/reko-diq-exports-to-be-handled-by-pibt.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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