[U.S. Government Partners with Orion to Establish Critical Minerals Fund, Targeting $5 Billion] The U.S. government has jointly invested in a critical minerals fund with investment firms Orion Resource Partners and Abu Dhabi's ADQ. The investment by the U.S. International Development Finance Corporation (IDFC) is a new initiative within the Trump administration's strategy to promote global mineral supply security. According to the announcement, the three parties have made initial capital commitments totaling $1.8 billion, with a target size of $5 billion. Foreign media first reported in September that the DFC and Orion were in talks to establish a joint fund. DFC CEO Ben Black stated in the announcement, "Securing the supply of critical minerals is paramount to U.S. strategic interests and economic prosperity." He noted that the fund aims to "build a stable pipeline of investment in critical minerals, which is essential to driving U.S. economic prosperity."
