‘FORGE’ launched: US approves USD1.3bn financing for Reko Diq project

US approves $1.3bn financing for Pakistan’s Reko Diq mining project

The United States has committed $1.3 billion in financing for Pakistan’s flagship Reko Diq copper and gold mining project in Balochistan, marking a major boost for one of the country’s most significant mineral development ventures and strengthening bilateral economic cooperation between the two nations. The funding has been approved under the US Export-Import Bank’s (EXIM) critical minerals financing framework, a programme aimed at supporting th…

‘FORGE’ launched: US approves USD1.3bn financing for Reko Diq project

KARACHI: The United States has approved USD1.3 billion in financing for Pakistan’s Reko Diq copper and gold project as part of its expanding support for global critical mineral supply chains, announced during the 2026 Critical Minerals Ministerial hosted in Washington on February 4. The financing, approved through the Export-Import Bank of the United States (EXIM), was highlighted as the United States signed eleven new bilateral critical mineral…