⛏️Economic Impact Analysis Notice by Export-Import Bank
Intent To Conduct a Detailed Economic Impact Analysis
Summary
Pursuant to the Charter of the Export-Import Bank of the United States, this notice is to inform the public that the Export- Import Bank of the United States has received an application for a $1,000 million long-term direct loan to support the export of approximately $556 million worth of mining equipment and services to Pakistan. The U.S. exports will enable the copper-gold mining project in Pakistan to establish a projected average production capacity of c.800 kdmt per annum of copper concentrate, leading to an expected output of c.220 kt of copper and c.310 koz of gold per year for Phase 1 of the project during the first ten years (100% basis, excluding 2028 ramp-up year). Available information indicates that the copper concentrate will likely be sold to smelters in other OECD jurisdictions, including Japan, Korea, Germany, Sweden, and Finland.
Agencies
- Export-Import Bank
Business Impact
$$$ - High
This notice indicates potential financial assistance through a $1 billion loan to support U.S. exports of mining equipment to Pakistan. The implications involve infrastructure development and potential market expansion in the mining sector, directly impacting U.S. businesses involved in manufacturing and exporting.