JBIC set to approve a large-scale loan for the Reko Diq copper mine project. Fifth, this Engineering for Change initiative in Balochistan, Pakistan, is likely to complete its work by the start of 2026. Japan is starting this new initiative to address projected shortages of critical minerals. Copper, critical for transportation, power generation, telecom and defense, among others, is a specific target of their attention.
The Reko Diq project, situated in the Reko Diq district, is a copper-gold mine. This initiative is receiving strong support from partners in Japan. JBIC and other major Japanese players are preparing to back it up with the necessary resources to make it successful. The impending supply shortage of copper has created intense demand for gaining access to this critical mineral. Such projects as Reko Diq are now more important than ever for Japan’s economic statecraft in the long run.
Komatsu, one of the leading Japanese manufacturers, is looking to supply key plant and equipment for the mining operations at Reko Diq. Their participation serves to illustrate the deep partnership between Japan and Pakistan. Together, they hope to strengthen both nations’ economies by resource development and technological exchange.
With demand for copper increasing globally, Japan understands the need to work with other like-minded countries to secure a stable supply chain. The Reko Diq copper mine – a strategic investment The Reko Diq copper mine about 700km southwest of Islamabad. It could help ease impending shortages that would threaten the technology and clean energy industries.