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US shutdown ends, clears path for Reko Diq project’s financial closure The $7 765 billion initiative in Balochistan’s Chagai district, long delayed, is now poised to achieve financial closure, with Reko Diq Mining Company (RDMC) officials targeting December 2025 for finalisation, a senior official told The News
BLF Strikes Nokkundi: Deadly Insurgent Attack Exposes Pakistan’s . . . Recently, Pakistan also secured a loan of more than PKR 35,000 crore from the US Export-Import Bank (EXIM) for the Reko Diq project However, the recent suicide attack on the foreign staff compound exposes glaring security failures and raises serious doubts about the Pakistan Army’s ability to protect such high-profile international investments
Pakistan secures $3. 5 billion for major copper-gold project Pakistan has reached full financial close on a $3 5 billion financing package for the Reko Diq copper-gold project, Finance Minister Muhammad Aurangzeb announced Sunday, marking a significant milestone in the country's efforts to diversify its economy and boost exports
Reko Diq Gears Up for Launch: Financial Closure Expected This Month ISLAMABAD: In a landmark development for Pakistan’s mining and investment landscape, the long-delayed Reko Diq copper and gold project is now set to achieve financial closure by the end of September or early October, top government officials confirmed
Reko Diq JV Shareholders Approve Project, Select Fluor as EPCM The Reko Diq Joint Venture shareholders have approved the project’s updated Feasibility Study and conditionally approved the associated Phase 1 development capital subject to the closing of up to $3 billion limited recourse project financing, allowing the project to advance with major works in 2025, while maintaining the target for first