Project Vault: America has announced an investment of $ 1.3 billion in Pakistan’s Reco Deeq Khan. This investment is part of America’s new plan Project Vault. The objective of this scheme is to reshape the market of essential minerals and rare metals across the world.

The US State Department gave this information on Wednesday. Reko Diq, which is located in the Balochistan province of Pakistan, is considered to be one of the largest gold and copper deposits in the world. According to the State Department, under Project Vault, America has invested only in this place outside the country.

Donald Trump had announced in February

Project Vault was announced by Donald Trump on February 2, 2026. This initiative is being run under the leadership of the President of the American Export-Import Bank (EXIM). Under this scheme, EXIM has approved a loan of 10 billion dollars for this project, which is one of the largest loans in the history of this federal agency. In the last one year, EXIM has issued letters of interest worth $14.8 billion for important mineral projects. Many deals have been made under this, which also includes an investment of 1.3 billion dollars in Pakistan.

Other investments in America

Several other investments have also been made in the US under Project Vault:

• A $10 billion plan, which will serve as the US Strategic Critical Mineral Reserve.
• $27.4 million for titanium, nickel and advanced metal powders in Pennsylvania.
• $23.5 million for advanced materials and critical metals processing in Tennessee.
• $15.9 million for zinc mining and production in New York.
• $11.1 million for titanium processing and manufacturing in Virginia.

Of all these, Pakistan is the only country where America has invested outside its country.

About Reko Deek Khan

Reko Diq Mine, located in Balochistan, Pakistan, is one of the world’s largest copper and gold reserves. According to the report, there are about 5.9 billion tons of ore in this area, which contains 0.41% copper and about 41.5 million ounces of gold. The Reko Diq area is part of the Chagai mountain range of Balochistan, which extends between the Quetta-Taftan railway line and the border with Afghanistan. This area is considered to be one of the old volcanic areas.

History of legal dispute

In 2011, Reco Diq Khan became the center of a major legal dispute. This dispute took place between Pakistan and Thethyan Copper Company (TCC). TCC was a partnership between Chile’s Antofagasta and Canada’s Barrick Gold. The allegation in this case was that the Australia-Pakistan investment agreement was violated and mining rights were wrongly given to TCC.

The world’s power will now be determined not just by oil but by critical minerals. A big change has emerged in this direction. America has started forming a new international mineral group with 54 countries including India. Its purpose is to break the hold of China, which currently controls almost 90 percent of the supply of rare earths and essential minerals.

This announcement was made at the 2026 Critical Minerals Ministerial Meeting held in Washington. US Secretary of State Marco Rubio, Vice President JD Vance and Finance Minister Scott Besant attended this meeting. From the Indian side, Foreign Minister S. Jaishankar’s presence made it clear that India is going to be an important center of this new mineral alliance.

America will invest 30 billion dollars

Under this initiative, two big platforms have been created. The first is FORGE, which will replace the previous Minerals Security Partnership. Its objective is to make the price and supply of minerals secure and stable. At present its responsibility has been given to South Korea. The second platform is Pax Silica, which will work on diverting the supply of minerals required for semiconductor, artificial intelligence and high-tech industries from China to trusted countries. In this, India has been considered a strong pillar.

What is the big opportunity for India?

This is a big opportunity for India. Now India will not just be a country that buys minerals, but will also become a global center for cleaning and processing them. America has clearly said that it will invest about 30 billion dollars for mineral mining and refining in reliable partners like India instead of China.

America reduced tariffs

Before this, America reduced the tax on Indian products from 25 percent to 18 percent. With this, the export of products related to batteries, electronics and semiconductors made in India will increase rapidly. Apart from this, America has announced Project Vault, under which a strategic mineral reserve will be created so that the work of factories does not stop in case of any emergency. Experts believe that in the coming time, only that country will be a superpower, which will have a strong hold on minerals like lithium, cobalt and rare earth.