Pakistan, Oct. 4 -- Pakistan has delivered its first shipment of rare earth elements and critical minerals to the US company, US Strategic Metals (USSM). This shipment includes antimony, copper concentrate, neodymium, and praseodymium, all sourced locally in Pakistan. The country's natural resources are valued at about $6 trillion, ranking it among the world's richest in precious metals and rare minerals.

Last month, Pakistan and the US signed a $500 million MoU to enhance cooperation in the critical minerals sector. The agreement between USSM and Pakistan's Frontier Works Organisation (FWO) aims to deepen economic and strategic ties. US Charge d'Affaires Natalie Baker said the deal highlights the strong bilateral relationship benefiting...