[SteelGuru] - Late last year it began international arbitration over its Reko Diq project in Pakistan after the local government rejected its mining licence application. He expected the copper market to be in balance or marginal surplus next year, as competitors
The Reko Diq project site | Courtesy Tethyan Copper Company Pakistan. The land of black sand once expected a gold rush. Its residents were happy to help anyone willing to put in money required to dig up the precious metal from under their feet.
The Reko Diq Mining Project is a US$ 3.3 billion capital investment project that promises to build and operate a world class copper-gold open-pit mine at Reko Diq in the northwest district Chagai of Balochistan province in Pakistan.