Cases / Mining · Pakistan · 2025
US EXIM Bank approves $1.25 billion for Reko Diq copper-gold project
Short record: the main facts, with sources. A full case file has not been prepared.
Nature's voice · report
No measurement of the harm done to me here is on record.
Did nature suffer? Not measured.
Not on record
- The record does not name which of my species, waters, soils or forests were harmed.
The US Export-Import Bank approved $1.25 billion in financing for the Reko Diq copper-gold project in Balochistan, Pakistan. The sources reviewed do not set out the environmental or community effects of Reko Diq.
What?
The US Export-Import Bank approved $1.25 billion in financing for the Reko Diq copper-gold project. Profit (Pakistan Today)
Where?
Balochistan, Pakistan. Profit (Pakistan Today)
When?
Reported in December 2025. Profit (Pakistan Today)
Who?
Gained
- Barrick — 50% shareholder in Reko Diq Profit (Pakistan Today)
- Balochistan — 25% shareholder in Reko Diq Profit (Pakistan Today)
Lost
None on recordHarmed
None on recordWhy?
Not stated in the sources reviewed.
How?
Export-credit financing from the US Export-Import Bank; shareholdings are Barrick 50% and Balochistan 25%. Profit (Pakistan Today)
6 of 6 questions answered from the record
What happened
The record, in order.
Profit (Pakistan Today) reported that the US Export-Import Bank approved $1.25 billion in financing for the Reko Diq copper-gold project in Balochistan.
The same report said Barrick holds 50% of Reko Diq and Balochistan holds 25%.
In court and with insurers
Every proceeding and every insurer decision on record.
Lawsuits and rulings
No court case on record. No court has ruled on this case.
Insurers
No insurer decision on record.
What we don't know
Undisclosed, unproven, untried: recorded as data.
Nature
- Not measured Harm to nature: The record holds no measurement of harm to nature.
Record
- None on record The sources reviewed do not describe the environmental or community impacts of Reko Diq.
- None on record The sources reviewed do not say whether the financing has been drawn down or what conditions apply.
- None on record The sources reviewed do not explain the reasons for the approval.
Did the harm stop?
Not stated in the sources reviewed.
Who paid?
Not stated in the sources reviewed.
Sources
Voices on record: — Company or project— Government and regulators— Courts✓ Press and investigations— Communities and civil society— Researchers
Press and investigations
- US EXIM Bank approves 1.25bn financing for Reko Diq mining projectProfit (Pakistan Today) · 2025-12
Connected cases
Related matters, and cases linked to this one through the same organisations, with the role each played in both.
- Tanzania fines Acacia Mining USD 2.4 million over alleged North Mara pollution Tanzania · 2019
- Barrick (Company) — here: 50% shareholder; there: Says it invested USD 65 million in treatment