ISLAMABAD — In a key step towards stronger economic ties, the United States and Pakistan have signed a Memorandum of Understanding (MoU) to jointly explore and develop critical minerals. The agreement was signed on Monday between the US-based company, United States Strategic Metals (USSM), and Pakistan’s Frontier Works Organization (FWO). The ceremony was held at the Prime Minister’s House and attended by senior officials from both sides.
The agreement aims to boost cooperation in the mining sector, particularly in exploring minerals essential for clean energy and high-tech industries. Acting Deputy Chief of Mission at the US Embassy, Zachary Harkenrider, joined the USSM delegation during the event. Officials described the deal as an important step in enhancing long-term strategic and economic cooperation between the two countries.
Natalie Baker, Chargé d’Affaires at the US Mission in Pakistan, called the agreement a strong symbol of the growing relationship between the two nations. She highlighted how such collaborations could support both countries’ energy security goals while also promoting mutual prosperity. Baker emphasized that the Trump administration views the minerals sector as vital for both national security and economic growth.
US Strategic Metals, based in Missouri, focuses on the production and recycling of critical minerals used in defense, clean energy, and advanced technologies. The company will work with FWO to identify, assess, and potentially develop mineral sites within Pakistan. This could unlock significant value from Pakistan’s largely untapped mineral wealth.
Looking ahead, US officials expressed hope for additional partnerships in Pakistan’s mining sector. Baker said she expects more US firms to engage with Pakistani companies in the near future, signaling a new phase of investment and cooperation in a key area of global demand.