Fluor receives final notice to proceed from Barrick on Reko Diq project

Fluor (FLR) announced that it has received final notice to proceed from Barrick Mining Corporation (B) on its Reko Diq Project in Balochistan, Pakistan. Fluor was selected as Barrick’s lead engineering, procurement and construction management partner in April 2025 and recognized its portion of the undisclosed contract in the second quarter. “Fluor and Barrick share a strong commitment to delivering large-scale mining projects safely, responsibly and efficiently,” said Harish Jammula, President of Fluor’s Mining & Metals business. “Reko Diq will be a major contributor to Pakistan’s economy, which is expected to have a transformative impact on Balochistan province. The mine will create jobs, stimulate regional economic growth and support long-term investment in development programs.” Construction will begin later this year and will be built in two phases. First production is targeted for 2028. When fully operational, the site will be capable of a total throughput of 90 million tonnes per annum.