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Mining industry

Export-Import Bank Receives Application for $100 Million+ Loan for Pakistan Mining Project

Strategic Insights

— 1 min read

The Export-Import Bank has received an application for a long-term loan or financial guarantee exceeding $100 million from Reko Diq Mining Co. in Balochistan, Pakistan, to establish an open-pit copper and gold mine. The project involves the construction of a processing plant, storage facilities, power generation, and transportation infrastructure to support the mine's operations. The application includes a list of American suppliers, including Fluor, Komatsu, and Caterpillar, providing engineering and construction management services, mining trucks, and various machinery.

Key Takeaways:

  • The Export-Import Bank has received an application for a long-term loan or financial guarantee exceeding $100 million for a mining project in Pakistan, proposed by Reko Diq Mining Co.
  • The project involves the establishment of an open-pit copper and gold mine in Balochistan, Pakistan, along with the construction of a processing plant, storage facilities, power generation, and transportation infrastructure.
  • The application includes a list of American suppliers, providing a range of goods and services, including engineering and construction management services, mining trucks, and machinery.
  • The application has sparked a public comment period, with individuals and organizations invited to review and respond to the proposed transaction through the official Regulations.gov website by September 22, 2025.
  • The Export-Import Bank's Board of Directors will review the comments and make a final decision on the application.
  • The project involves the export of solar panels and rail transportation equipment from American suppliers.

Statistics:

  • The application seeks a long-term loan or financial guarantee exceeding $100 million.
  • The mining project will establish an open-pit copper and gold mine in Balochistan, Pakistan.
  • The project involves the construction of a processing plant, storage facilities, power generation, and transportation infrastructure.
  • The American suppliers listed in the application provided engineering and construction management services, mining trucks, grinders, and machinery.
  • The application includes solar panels and rail transportation equipment from American suppliers.
  • The public comment period is open until September 22, 2025.

Sources:

  • TNSFR - Washington, Aug. 27 (TNSFR)
  • Federal Register - Application for Final Commitment for a Long-Term Loan or Financial Guarantee in Excess of $100 Million (2025-16406)

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