India, Aug. 22 -- MANILA, PHILIPPINES (22 August 2025) - The Asian Development Bank (ADB) has approved a financing package for the Reko Diq copper-gold mine in Pakistan. The project will help meet rising global demand for critical minerals and unlock transformative economic development and poverty reduction in the nation.

"Reko Diq will help the critical minerals supply chain, while advancing the clean energy transition and driving digital innovation across the region and beyond," said ADB President Masato Kanda. "ADB's support is also a game-changer for Pakistan, creating quality jobs and underpinning the nation's transition toward a more resilient and diversified economy."

ADB is one of several agencies funding the first phase of Reko ...