Pakistan, May 16 -- The Reko Diq mining project, set to become Pakistan's largest Western investment, is projected to generate over $75 billion in cash flows during its 37-year lifespan, according to Petroleum Minister Ali Pervaiz Malik. In a recent National Assembly session, Malik outlined key details of the project's fiscal terms, production phases, and community benefits.

Phase one, expected to begin in 2028, will target an annual production of 300,000 ounces of gold and 200,000 tons of copper. In 2034, phase two will increase production to 500,000 ounces of gold and 400,000 tons of copper per year. The minister indicated that these conservative projections could potentially lead to cash flows exceeding $100 billion, contingent on com...