Abu Dhabi’s sovereign wealth fund ADQ is partnering with the US government and Orion Resource Partners LP to invest in a $1.8 billion critical minerals fund. Each member of the consortium has matched an initial capital commitment, signaling strong collaboration between public and private investors. The fund aims to strengthen supply chains for essential minerals that support global technology and energy industries.
Strategic Goals and Investment Focus
The Orion Critical Mineral Consortium (Orion CMC) will deploy capital to develop critical minerals in the US and partner nations. By combining expertise from metals and mining investors, the consortium plans to build a multi-billion-dollar platform for strategic mineral investments. Additionally, it will focus on managing offtake, expanding domestic processing capabilities, and scaling cost-effective technological solutions for mineral development.
Orion CMC will prioritise projects in existing or near-term producing assets, which allows for quicker returns while maintaining a focus on strategic growth. The initiative is expected to promote long-term stability in supply chains for critical minerals, which are essential for the energy transition and high-tech manufacturing.
Consortium Ambitions and Capital Target
The consortium’s current capital stands at $1.8 billion, with a long-term target of $5 billion. Led by Orion, the group intends to attract additional investors and operators in the metals and mining sector. By doing so, it aims to accelerate development, integrate advanced technologies, and support emerging markets while ensuring a sustainable and secure global mineral supply chain.
