ISLAMABAD, Wednesday, December 10, 2025 (WNP): The United States has approved a landmark $1.25 billion financing package to advance the development of critical minerals at Pakistan’s Reko Diq site, the U.S. Embassy Islamabad’s Chargé d’Affaires, Natalie A. Baker, announced on Wednesday.
In a video message posted on X, Baker said the U.S. Export-Import Bank (EXIM) had cleared the financing for the large-scale mining initiative, marking one of the most robust American economic engagements in Pakistan’s mineral sector.
“I am pleased to highlight that the U.S. Export-Import Bank recently approved financing of $1.25 billion to support the mining of critical minerals at Reko Diq in Pakistan,” Baker said.
She added that the financing would pave the way for up to $2 billion worth of high-quality U.S. mining equipment and services to be deployed over the coming years, supporting construction and operational phases of the mine.
According to Baker, the project will also deliver major employment dividends, creating around 6,000 jobs in the United States and approximately 7,500 jobs in Balochistan, strengthening local communities and contributing to Pakistan’s regional economic development.
Describing the initiative as a model for future cooperation, she said the Reko Diq project would “bring employment and prosperity to both our nations,” while bolstering American exporters and enhancing Pakistan’s mining capabilities.
Baker emphasized that the Trump administration had prioritized partnerships in critical mineral supply chains as a central pillar of its diplomatic and economic strategy, underscoring the minerals’ growing global importance.
“We look forward to seeing further agreements between U.S. companies and their Pakistani counterparts in the critical minerals and mining sector,” she added.
The announcement signals a deepening of bilateral economic ties at a time when global competition for critical minerals—essential for advanced manufacturing, clean energy technologies, and defence industries—is rapidly intensifying.
