The federal cabinet has approved the sale of 15% Reko Diq shares to Saudi Arabia for $540 million under the Inter-Governmental Transaction Act. Saudi Arabia will pay in two installments: $330 million for 10% shares in the first phase and $210 million for 5% in the second.

A Saudi company plans to invest $10 billion in the project, with an additional $150 million allocated for mineral development in Balochistan. The Supreme Court has deemed the Reko Diq agreement legal.