News
Critical Minerals · Energy Transition · Mining Finance · Supply Chain
Orion Resource Partners LP has successfully raised approximately $2.2 billion for its latest Mine Finance Fund IV, marking its largest fund to date.
This significant capital injection is earmarked for financing mining projects focused on critical minerals like copper and lithium, essential for the accelerating global energy transition. The fundraising underscores robust investor confidence in the sector, driven by surging demand from electric vehicles and renewable energy technologies, alongside a strategic imperative from governments and companies to diversify supply chains away from China's dominance. Notably, 61% of the fund's capital is already committed to projects spanning North and South America, Europe, Australasia, and Africa.
This new fund builds on Orion's expanding strategic partnerships, including the $1.8 billion Orion Critical Mineral Consortium with the U.S. government and a $1.2 billion joint venture, Orion Abu Dhabi, with the Abu Dhabi sovereign wealth fund ADQ. These initiatives highlight a concerted effort to secure and develop resilient critical mineral supply chains globally.
With this latest fund, Orion's total assets under management now exceed $9 billion, solidifying its position as a major player in the mine finance space.
