There’s a new venture capital fund for brining mines into production. And they’re coming after the opportunity in lithium, copper and nickel.
What’s happening:
- Orion Resource Partners has successfully raised roughly $2.2B USD for their new investment fund known as Mine Finance Fund IV
Why it matters:
- This is the single largest fund that Orion Resource Partners has ever raised and will be largely focused on bringing lithium, copper and nickel mines into full scale production
Going deeper:
- Orion Resource Partners now has more than $9B USD in assets under management that are being deployed into mining and critical minerals opportunities globally
- Orion Resource Partners also notably has existing partnership with both the United States government and Abu Dhabi’s state owned investment company ADQ to co-invest in mining and processing projects
