# Orion CMC critical mineral investment activities

> Live situation record from CLSTR: https://clstr.news/situations/orion-cmc-critical-mineral-investment-activities
> Updated: 2026-10-24T16:49:26.000Z. Sources: 6. Developments: 2.

The Orion Critical Mineral Consortium (Orion CMC)—a partnership involving Orion Resource Partners, the U.S. International Development Finance Corporation (DFC), and investors from Abu Dhabi—is pursuing significant investments in African critical mineral assets.

In Tanzania, the consortium is in advanced negotiations with Lifezone Metals regarding a strategic equity investment in the Kabanga Nickel Project. This project is noted for its high-grade nickel sulfide deposits and its potential to supply nickel, copper, and cobalt for the global battery metals market.

Simultaneously, Orion CMC is in the final stages of negotiating a major investment in the Democratic Republic of Congo. The consortium is seeking a 40% stake in Glencore’s majority interests in Mutanda Mining and Kamoto Copper Company, assets valued at approximately $9 billion. These efforts are part of a broader strategic initiative to secure and diversify global supply chains for minerals essential to the energy transition.

## Timeline

### 2026-10-24: Orion CMC nears investment in Glencore’s DRC mining assets

US-backed Orion CMC is finalizing a deal to acquire a 40% stake in Glencore’s copper and cobalt assets in the DRC, while also negotiating nickel investments in Tanzania.

3 sources. https://clstr.news/cluster/orion-cmc-nears-investment-in-glencores-drc-mining-assets

### 2026-10-23: Lifezone Metals confirms advanced negotiations with Orion CMC

Lifezone Metals is in advanced talks with the Orion Critical Mineral Consortium for a significant equity investment in its Kabanga Nickel Project in Tanzania.

3 sources. https://clstr.news/cluster/lifezone-metals-confirms-advanced-negotiations-with-orion-cmc

---
Cite as: Orion CMC critical mineral investment activities. CLSTR, https://clstr.news/situations/orion-cmc-critical-mineral-investment-activities
