Pakistan International Bulk Terminal Limited Secures Agreements with Port Qasim Authority and Reko Diq Mining Company

Karachi: Pakistan International Bulk Terminal Limited (PIBT) has announced significant developments in its operational capabilities following the execution of key agreements, as disclosed on December 15, 2025. These agreements are set to enhance the terminal's capacity for handling, storage, and export of critical resources, marking a pivotal step for the company's expansion plans.

According to a disclosure submitted to the Pakistan Stock Exchange Limited (PSX) in compliance with the Securities Act, 2015, PIBT has finalized a Supplemental Implementation Agreement with the Port Qasim Authority. This agreement provides PIBT with supplemental concessions, rights, and licenses, enabling the terminal to manage copper-gold commodities, alongside other minerals, metals, and natural earth commodities, on a non-exclusive basis. This collaboration is expected to leverage the strategic location and infrastructure of Port Qasim to facilitate increased trade activities.

In tandem, PIBT has secured an agreement with Reko Diq Mining Company (Private) Limited, specifically for handling Reko Diq's cargo concentrate. This partnership is anticipated to streamline the logistics and export processes for the mining company's substantial output, further integrating PIBT into the copper-gold supply chain and enhancing its operational footprint.

According to information available from the Pakistan Stock Exchange (PSX), these strategic agreements are anticipated to bolster PIBT's market position and operational scope within the designated market category. The agreements signify a major milestone in PIBT's efforts to diversify its service offerings and strengthen its role in the regional commodities market.

The disclosure, signed by Mr. Adil Sarwar, Company Secretary of PIBT, highlights the anticipated impact of these agreements on the company's operational dynamics and future growth potential. With the backing of the Port Qasim Authority and collaboration with Reko Diq Mining Company, PIBT is poised to play a critical role in the export of valuable mineral resources from Pakistan.