Pakistan has successfully delivered its first shipment of rare earth elements and critical minerals to US Strategic Metals in the United States, marking a significant milestone in the country’s entry into the global high-value minerals market. The consignment includes antimony, copper concentrate, and rare earth elements such as neodymium and praseodymium—all sourced and processed domestically.
With an estimated $6 trillion in natural resources, Pakistan ranks among the world's most resource-rich nations, particularly in rare earths and precious metals. This delivery follows the recent signing of a $500 million memorandum of understanding between US Strategic Metals and Pakistan’s Frontier Works Organisation, aimed at deepening cooperation in the extraction, processing, and trade of strategic minerals.
The agreement is being hailed as a strategic advancement in bilateral trade, with both sides emphasizing its long-term economic and geopolitical significance. USSM CEO Stacy W. Hastie and US Chargé d’Affaires Natalie Baker underscored the mutual benefits of the partnership, noting that it not only boosts commercial ties but also strengthens the foundation for broader economic collaboration between Pakistan and the United States.
This development positions Pakistan as an emerging player in the global supply chain of critical minerals, which are increasingly vital for technologies such as renewable energy systems, electric vehicles, and defense applications.
