US EditionWith eyes on Balochistan’s critical minerals, US commits to $1.25 bn Pakistan Exim Bank financing
The $1.25 billion loan will enable $2 billion in US mining equipment imports and create 13,500 jobs in the US and Balochistan, supporting critical mineral supply chains.
- December 10, 2025, the US Export-Import Bank approved $1.25 billion to support critical-minerals mining at the Reko Diq mining project in Balochistan, Pakistan, Acting US Ambassador Natalie A Baker announced.
- With supply-chain security in mind, the $1.25 billion financing supports the $100 billion investment plan to secure US and allied supply chains for critical minerals.
- Up to $2 billion in US equipment and services will support the Reco Diq mine, creating an estimated 6,000 US jobs and 7,500 jobs in Balochistan in the coming years.
- The financing positions the U.S.-Pakistan partnership to drive economic growth in Balochistan and deepen US–Pakistan commercial ties, with Arab News describing it as one of the largest US partnerships in Pakistan's minerals sector.
- Ownership details show that Barrick Gold controls the project alongside Pakistan federal and provincial governments, but security risks from the Balochistan Liberation Army could hinder progress.
16 Articles
16 Articles
US EXIM Bank to invest $1.25b in Pakistan's Reko Diq project: Natalie Baker
US Chargé d’Affaires in Pakistan Natalie Baker announced that the US Export-Import (EXIM) Bank will invest $1.25 billion in the Reko Diq mining project in Balochistan, Pakistan, under a bilateral partnership. In a video statement, released on X by the US Embassy in Islamabad, Baker explained that the EXIM Bank had recently approved this financial support for the mining and critical minerals sectors within the Reko Diq project. The funds are aime…
With eyes on Balochistan’s critical minerals, US commits to $1.25 bn Pakistan Exim Bank financing
With eyes on Pakistan's critical minerals, the Donald Trump administration of the United States on Wednesday announced $1.25 billion in funding for the Reko Diq mining project in the restive Balochistan province. In a statement, Acting US Ambassador Natalie Baker announced that the US Export-Import Bank (Exim) has approved financing of $1.25 billion to support the mining of critical minerals at the Reco Deek project. She dubbed it as a win-win …
US envoy says Exim financing to bring $2bn in mining equipment for Reko Diq
Exim funding to aid Reko Diq operations.Project expected to create thousands of jobs.US sees model for future mining partnerships.ISLAMABAD: US Export-Import Bank's project financing will bring in up to $2 billion in high-quality US mining...
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