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2025-09-16 21:46:26
The United States Launches a $5 Billion Mining Fund to Accelerate Independent Development of Critical Minerals. (1) On Tuesday, the United States announced that it was in talks with New York-based investment firm Orion Resource Partners to establish a $5 billion mining fund aimed at strengthening the security of critical mineral supply chains. If implemented, this plan would represent one of the U.S. government's most significant commercial ventures in the resources sector. (2) Sources familiar with the matter revealed that the U.S. International Development Finance Corporation (DFC) and Orion are discussing cooperation in mineral development in strategic regions around the world, with a particular focus on mining projects in Ukraine, Greenland, and the Democratic Republic of the Congo. Notably, the fund may prioritize investments in key new energy minerals such as lithium, cobalt, and rare earths to support the development of the U.S. electric vehicle and clean energy industries. This strategy aligns with the Trump administration's previous initiative to promote mining cooperation in Ukraine and Greenland, as well as the White House's focus on mining investment in Congo. (3) Analysts indicate that if the partnership with Orion is finalized, it would mark the first time the U.S. government has directly invested in a large-scale global mining transaction through direct equity investment, a move aimed at reducing reliance on minerals from countries like China and enhancing supply chain resilience. Key details are still under negotiation, and a final agreement remains uncertain.
