"The US is ready to finance another Reko Diq-sized project where the feasibility is showing potential," said the official. However, security remains the biggest challenge, which has already delayed the much trumpeted $7.7 billion first phase of the Reko Diq project. To a question, the official said Reko Diq is moving forward but at a slower pace than originally planned. The Export-Import (Exim) Bank of the US has offered $1.25 billion to Reko Diq, but the final financing package is still being finalised. The Trump administration is making a significant push to develop critical minerals supply chains, with funding for these projects through the Exim Bank and the Development Finance Corporation, he added.