Komatsu Secures Major Deal with Barrick

Komatsu has reached a $440 million agreement with Barrick Mining Corporation to supply primary mining equipment for the Reko Diq copper-gold project in Pakistan, scheduled to begin deliveries in 2026. The equipment package includes ultra-class haul trucks, electric rope shovels, mining excavators, and electric wheel loaders, sourced from Komatsu manufacturing sites in the U.S. and Europe. The Reko Diq project is described by the companies as one of the world’s most significant new greenfield mining developments.

To support long-term operations, Komatsu plans to establish Komatsu Pakistan Mining Limited and will enhance its regional capacity via additional investment in Komatsu Middle East FZE. According to the company, this structure will provide Barrick with technical support and service continuity at scale. The agreement also builds on prior collaboration between the two companies across other major mining assets, such as Lumwana in Zambia and Nevada Gold Mines in the U.S.

“Barrick is an important global partner for Komatsu, and we are excited to expand our relationship to support the development of Reko Diq. 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.” said Peter Salditt, President, Komatsu Mining Business Division.

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