Finnish tech giant Metso secures €70mn equipment contracts for Reko Diq copper-gold mine

As part of the frame agreement announced in August 2025, Reko Diq Mining Company has awarded Metso, a Finnish technology company, with the remaining major contracts to supply advanced Metso Plus beneficiation and dewatering equipment for Reko Diq Mining Company’s copper-gold project in Pakistan. “The total value of these now signed contracts is approximately €70 million. €40 million was recorded in the minerals segment’s 2025 third-quarter and €30 million in fourth-quarter order intake,” read a statement on Monday. Barrick Gold, a Canadian mining company, owns a 50% stake in the Reko Diq mine and the governments of Pakistan and the province of Balochistan own the other 50%.