The total value of the combined businesses of Mutanda and KCC is anticipated to be around $9 billion.
The agreement will ensure a steady supply of essential minerals for the United States and its allies, as Orion CMC will be allowed to sell a portion of the produced minerals under a strategic partnership deal between the US and the Democratic Republic of Congo, as stated in the official announcement. Orion CMC will also have the ability to appoint independent directors; Mutanda and KCC will remain under the management of the Glencore group.
The partners intend to look for chances to grow and improve these businesses, and they may also explore the possibility of acquiring more projects and assets connected to critical minerals in the Democratic Republic of Congo and the broader Copper Belt region in Africa, which includes areas in northern Zambia and southern DR Congo.
Orion CMC is an investment group that was established in October 2025 by the United States. The International Development Finance Corporation (DFC) and Abu Dhabi's sovereign wealth fund, ADQ, are working together to ensure the availability of key minerals such as cobalt, copper, and others, which are essential for the United States and its allies. Orion Resource Partners leads the consortium.
source: ft.com
The agreement will ensure a steady supply of essential minerals for the United States and its allies, as Orion CMC will be allowed to sell a portion of the produced minerals under a strategic partnership deal between the US and the Democratic Republic of Congo, as stated in the official announcement. Orion CMC will also have the ability to appoint independent directors; Mutanda and KCC will remain under the management of the Glencore group.
The partners intend to look for chances to grow and improve these businesses, and they may also explore the possibility of acquiring more projects and assets connected to critical minerals in the Democratic Republic of Congo and the broader Copper Belt region in Africa, which includes areas in northern Zambia and southern DR Congo.
Orion CMC is an investment group that was established in October 2025 by the United States. The International Development Finance Corporation (DFC) and Abu Dhabi's sovereign wealth fund, ADQ, are working together to ensure the availability of key minerals such as cobalt, copper, and others, which are essential for the United States and its allies. Orion Resource Partners leads the consortium.
source: ft.com
