Overview
- U.S. Chargé d’Affaires Natalie A. Baker announced the approval in a U.S. Embassy video statement.
- EXIM financing is expected to support up to $2 billion in U.S. mining equipment and services for building and operating the project.
- Officials project roughly 6,000 jobs in the United States and 7,500 positions in Balochistan tied to the mine.
- Baker described Reko Diq as a model for future U.S.–Pakistan mining partnerships aligned with the administration’s commercial diplomacy.
- The announcement follows EXIM chair John Jovanovic’s November confirmation and builds on an earlier US Strategic Metals–Frontier Works Organization memorandum in Islamabad.