The United States and Abu Dhabi governments have launched a $1.8 billion joint investment with private equity firm Orion Resource Partners to boost mining and refining projects around the world. This initiative is set to enhance international trade in critical minerals such as lithium, rare earths, and other essential resources that power clean energy technologies, electric vehicles, and modern manufacturing.
Funded equally by the U.S. International Development Finance Corporation (DFC), Abu Dhabi’s sovereign wealth fund ADQ, and Orion, the newly formed Orion Critical Mineral Consortium aims to accelerate global access to key minerals by supporting projects that are already in or near production. This approach ensures faster integration of these materials into the global supply chain, driving greater efficiency and market stability.
According to Managing Partner Frank Fannon, the consortium’s goal is to strengthen mineral trade routes and supply networks that benefit both the U.S. and allied economies. Orion CEO Oskar Lewnowski added that the company is dedicated to funding the entire logistics chain—from extraction to refining—ensuring a reliable and sustainable flow of materials that industries worldwide depend on.
This investment marks a major step toward promoting resilient and transparent global trade systems. By securing access to vital resources and encouraging international collaboration, the initiative supports economic growth and innovation across multiple sectors.
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