TCC and the Government of Balochistan are partners in the Reko Diq mining project under the Chagai Hills Exploration Joint Venture Agreement. By virtue of this agreement TCC has 75% share in the copper-gold prospects at Reko Diq and a 25% share is held by the Government of Balochistan. Additionally the Government of Balochistan is also entitled to a royalty on Gross Value of Product. Government of Balochistan has free-carry interest till the exploration stage which means that it is not obligated to make any risk investment in the exploration of the resource.
TCC works closely with the Government of Balochistan. Quarterly reports are regularly submitted to the authorities in order to keep them fully updated on the progress of the project and any new mineral findings.
TCC believes in partnering with the local people for successful long-term ventures. For TCC business relationship extends into a social relationship whereby TCC sees itself as part of the local economy and the society. TCC is a major proponent of direct investment support in communities and believes in contributing towards development of the communities it works in. TCC is investing into the local Baloch resources, both workers and trade, in order to bring them upto the standards required to support world class mining operations.