PIBT wins approval to handle copper-gold exports, signs Reko Diq logistics deal

Pakistan International Bulk Terminal Limited has signed a supplemental agreement with the Port Qasim Authority granting it new rights to handle, store, and export copper-gold commodities and other minerals at its terminal, the company said Monday.

In a notice to the Pakistan Stock Exchange, the terminal operator said the Supplemental Implementation Agreement allows it to manage a wider range of minerals, metals and natural earth commodities on a non-exclusive basis.

Separately, the company said it has entered into an agreement with Reko Diq Mining Company (Private) Limited to handle cargo concentrate from the Reko Diq project, one of Pakistan’s largest mining developments.

The agreements position Pakistan International Bulk Terminal as a key logistics partner in the export of copper-gold concentrate from the Reko Diq mine, according to the company.

The terminal operator said the moves mark a significant step in expanding its services and strengthening its role in Pakistan’s mineral export supply chain.