HeadlinesBriefing favicon HeadlinesBriefing.com

US Fund to Invest in Glencore's Congo Mines

Companies •
×

Orion Resource Partners' Orion CMC, a U.S.-backed fund, has agreed to invest in Glencore's copper and cobalt projects in the Democratic Republic of Congo (DRC). The multibillion-dollar deal underscores growing interest in securing critical minerals. Cobalt and copper are essential for electric vehicle batteries and renewable energy technologies, driving significant investment in their supply chains.