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24 January 2026

Shooting For The Stars With A Paper Airplane: The US-Pakistan Rare Earths Deal

Eve Register

In October 2025, Pakistan shipped its first load of rare earth minerals to the United States as part of a new $500 million agreement between the two nations. After months of trade negotiations, this shipment was of great symbolic significance, intended to show that Pakistan can deliver on its promise to provide the U.S. with the minerals needed to strengthen the resilience of vulnerable supply chains. The two countries have revealed a three-step plan to develop this relationship, calling for mining projects to scale up extensively by 2028. It is crucial, however, to understand the range of obstacles Pakistan faces when it comes to accessing the potential wealth of its mineral reserves.

Pakistan’s Critical Mineral Reserves: Hype and Reality

Although Pakistan does own extensive reserves, which its government states have an estimated value of $6 trillion and stretch across 230,000 square miles, the possession of these reserves is only one component of an extensive framework which is required to actually use and profit from these reserves. Ultimately, there is a stark disconnect between the promises being made to secure investment and the realities of what can actually be delivered.

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