Barrick Mining Corporation, the operator of the Reko Diq Mining Joint Venture, and Komatsu have finalised an agreement for the delivery of primary mining equipment to Barrick’s Reko Diq copper-gold project in Pakistan starting in 2026. Valued at $440 million over the first five years, the deal marks Komatsu’s first major mining equipment placement in its Middle East territory and underscores the strengthening partnership between the two companies.
As part of its commitment to supporting Reko Diq’s operations, Komatsu intends to establish Komatsu Pakistan Mining (SMC-Private) Limited, a new entity dedicated to providing service and technical expertise at Reko Diq. Additional investments will also be made to Komatsu Middle East FZE, the regional headquarters in Dubai, UAE, to support an expanded equipment footprint in the region. These investments ensure Barrick will have the resources needed to efficiently operate at one of the world’s most significant greenfield mining developments.
“The Reko Diq project represents a long-term investment in our future and that of mining in Pakistan, and our partnership with Komatsu is an important part of that vision,” said Mark Bristow, Barrick President and CEO. “Komatsu equipment has proven its performance and reliability at our operations worldwide, and we are confident in their ability to support our goals at Reko Diq. We look forward to building on this strong relationship as we develop one of the world’s newest greenfield assets.”
The equipment package for Reko Diq includes:
• Komatsu 980E-5 ultra-class haul trucks – Manufactured and exported from Peoria, Illinois, these trucks are designed for high efficiency and longevity in demanding conditions.
• P&H 4100XPC AC electric rope shovels – Manufactured and exported from Milwaukee, Wisconsin, P&H shovels provide electric powered material movement with high dig forces and payload capacity.
• Komatsu PC7000-11 mining excavators – Manufactured and exported from Dusseldorf, Germany, these excavators deliver precision, productivity and advanced intelligent data solutions for optimised performance.
• Komatsu WE2350-2 electric wheel loaders – Manufactured and exported from Longview, Texas, the largest wheel loader in the world is designed for high-volume material movement and fast cycle times.
Barrick and Komatsu have steadily expanded their collaboration in recent years across multiple projects, following successful fleet acquisitions at Barrick’s Lumwana copper mine in Zambia and the Nevada Gold Mines complex in the United States. In October 2023, the two companies formalised their commitment with a global framework agreement, laying the foundation for deeper cooperation across multiple projects.
“Barrick is an important global partner for Komatsu, and we are excited to expand our relationship to support the development of Reko Diq,” said Peter Salditt, President, Komatsu Mining Business Division. “The scale and complexity of this project demands proven, high-performance equipment, and we are confident our ultra-class haul trucks, electric rope shovels, and other mining machines will meet the challenge. We look forward to continuing to work alongside Barrick to drive productivity and innovation in mining.”
Reko Diq is expected to become a world-class copper-gold mine, contributing to the economic development of Pakistan. Komatsu said its involvement in the project underscores its commitment to supporting customers with a comprehensive suite of mining equipment and solutions to optimise their operations.
The intention to use the Komatsu fleet was previously outlined in Barrick’s most recent Technical Report for Reko Diq from February 2025, with more details on the planned equipment to be used and the context related to the mine plan.