Finland's tech company Metso shows interest in investing in Pakistan’s Reko Diq

Islamabad: Finnish technology giant Metso has shown keen interest in making a major investment in Pakistan’s mineral sector, particularly in copper mining, with plans to join the Reko Diq project.

The Reko Diq mine is considered one of the world’s largest underdeveloped copper-gold areas, and its development is expected to have a significant impact on Pakistan’s struggling economy.

The development was announced following a meeting between Piia Karhu, President of Minerals at Metso, and Bilal Azhar Kayani, Minister of State for Finance and Railways, according to a press release issued on Monday.

Talks focused on investment opportunities in Pakistan’s mineral sector, with a special emphasis on copper. Metso will provide advanced mining technology and equipment, alongside training programs to build local human resource capacity.

Karhu outlined the company’s intention to participate in the Reko Diq project, offering mining technology and related services.

Kayani, meanwhile, briefed on the progress and future roadmap of the ML-1 and ML-3 railway lines, which are critical for the timely operationalisation of the Reko Diq project, targeted for completion in December 2028.