US Commits $1.3 Billion to Pakistan's Reko Diq Mine Under Project Vault Initiative

The United States has announced a $1.3 billion investment in Pakistan's Reko Diq copper and gold mine in Balochistan as part of its $12 billion 'Project Vault' initiative to secure critical mineral supply chains and reduce dependence on China. Reko Diq, one of the world's largest undeveloped mineral deposits, is the only international project under this US strategy. The investment, facilitated through the US Export-Import Bank, aims to support mining operations and strengthen economic ties, despite security challenges in the insurgency-affected region.