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India Times // World // Asia

UAE signs $1.8 billion deal with US firm to boost global critical minerals supply

Friday 24th October 2025, 12:03PM

The UAE and U.S. governments, alongside Orion Resource Partners, have launched a $1.8 billion investment to boost global access to critical minerals like lithium and copper. This initiative, through the Orion Critical Mineral Consortium, targets production-ready mining projects to swiftly increase supply for electronics, EVs, and defense, aiming to expand to $5 billion.

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