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The U.S. government has partnered with Orion to establish a critical minerals fund with a target size of $5 billion.
The U.S. government has jointly invested in a critical minerals fund with investment firm Orion Resource Partners and Abu Dhabi's ADQ. This investment by the U.S. International Development Finance Corporation is a new initiative by the Trump administration to promote a global strategy for mineral security supply. According to the announcement, the total initial capital commitment from the three parties amounts to $1.8 billion, with a target size ultimately reaching $5 billion. Foreign media first reported in September that the U.S. International Development Finance Corporation and Orion were in discussions to establish a joint fund. Ben Black, CEO of the U.S. International Development Finance Corporation, stated in the announcement: “Ensuring the supply of critical minerals is a top priority for U.S. strategic interests and economic prosperity.” He pointed out that the fund aims to “build a stable investment channel for critical minerals, which is crucial for driving U.S. economic prosperity.”