Pakistan sends first batch of rare earth elements to US under $500 million deal — report

Pakistan's Army Chief Field Marshal Asim Munir (second from right) presents mineral samples to US President Donald Trump (left) at The White House in Washington DC, US, on September 26, 2025. (The White House)
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Updated 05 October 2025
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Pakistan sends first batch of rare earth elements to US under $500 million deal — report

  • The US-Pakistan agreement, signed on Sept. 9, aimed to create a framework for joint development of the entire mineral value chain
  • We see this as the first step to bolster economic trade and friendship between our two countries, the US Strategic Metals firm says

ISLAMABAD: Pakistan has dispatched its first ever shipment of rare earth and critical minerals to the United States (US), a Chicago-based US public relations (PR) firm said this week, following a landmark $500 million deal between the two countries.

The development comes weeks after American firm US Strategic Metals (USSM) and Pakistan’s Frontier Works Organization (FWO) signed the agreement for collaboration across a range of critical minerals essential for the defense, aerospace and technology industries.

The agreement was signed between American firm US Strategic Metals (USSM) and Pakistan’s Frontier Works Organization (FWO) at the Prime Minister’s House in Islamabad, according to the US embassy in Islamabad.

It aimed to create a framework for joint development of the entire mineral value chain, including exploration, beneficiation, concentrate production and eventual establishment of refineries in Pakistan.

“In a historic milestone for bilateral cooperation, Pakistan has successfully delivered its first batch of enriched rare earth elements and critical minerals to US Strategic Metals (USSM) in the United States,” PR Newswire, an American public relations firm headquartered in Chicago, said this week.

“This achievement inaugurates a $500 million partnership framework, signed earlier this month, and signals the beginning of a new chapter in the Pakistan–US strategic partnership.”

In this first shipment, Pakistan has indigenously sourced and prepared antimony, copper concentrate, rare earth elements with neodymium and praseodymium, strategic and economic significance, according to the PR firm.

With this first delivery and a multi-phase investment framework underway, Pakistan is now positioned as a rising force in the global critical mineral economy.

“We see this as the first step in our exciting journey together with the Frontier Works Organization of Pakistan to provide critical minerals to the United States and bolster economic trade and friendship between our two countries,” USSM CEO Stacy W. Hastie was quoted as saying.
 


Pakistan urges revival of long-paralyzed SAARC as bloc marks 40th charter anniversary

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Pakistan urges revival of long-paralyzed SAARC as bloc marks 40th charter anniversary

  • PM Sharif says political rifts have stalled regional collaboration, calls for economic and digital connectivity
  • He mentions regional challenges requiring collective responses based on mutual trust, spirit of cooperation

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday called for reviving the long-paralyzed South Asian Association for Regional Cooperation (SAARC), saying deeper economic collaboration and collective responses to shared challenges were essential as the bloc marked the 40th anniversary of its founding charter.

SAARC has been effectively dysfunctional since 2016, when its planned Islamabad summit collapsed after India withdrew following a militant attack it blamed on Pakistan. Islamabad denied involvement, but New Delhi’s decision prompted Afghanistan, Bangladesh and Bhutan to pull out, leading to the indefinite postponement of the summit.

Beyond the immediate rupture, SAARC was widely believed to have already become stagnant because of structural issues, including the India-Pakistan rivalry and New Delhi’s pivot toward alternative regional groupings.
Sharif extended his greetings to the peoples and the governments of “all SAARC member states” in a statement circulated by his office.

“When SAARC was established, over four decades ago, it was meant to provide an essential platform, to promote dialogue, foster cooperation and strengthen the bonds that bring our nations together,” he said.

“While these goals have, regrettably, remained elusive due to political considerations within the region, I commend the SAARC Secretariat for striving hard to provide its dedicated assistance as well as for its efforts to advance the organization’s goals and create opportunities for meaningful collaboration among the member states,” he added.

The prime minister noted his administration remained committed to the principles and objectives of the SAARC Charter.

“We believe that genuine cooperation, guided by sovereign equality, mutual respect and constructive engagement, can unlock South Asia’s vast potential and ensure a better tomorrow for all,” he said.

Sharif maintained the region needed stronger economic, digital and people-to-people connectivity to expand trade, investment, innovation and cultural exchange, adding that South Asian states faced shared pressures from poverty, climate-induced natural disasters, food and energy insecurity and public-health vulnerabilities.

These, he continued, required “collective responses based on mutual trust, goodwill and a spirit of cooperation.”

His statement did not directly mention India, though last week, his deputy, Ishaq Dar, urged a “reimagining” of South Asia’s fractured regional architecture, saying an 11-year freeze in dialogue with New Delhi had eroded prospects for long-term stability in one of the world’s most volatile regions.

Dar criticized the paralysis of SAARC, saying “artificial obstacles” needed to be removed for it to resume its role as a platform for economic cooperation, and argued the region would only achieve its political and economic potential if countries committed to cooperation and a future “where connectivity replaces divisions.”