#Congo-#Kinshasa: #US Government-Backed Consortium Signs MOU to Buy 40% of Two DR Congo Mines

Workers in hard hats shaking hands on a mining site with machinery and banners for Glencore and Orion CMC in the background, featuring the flags of the Democratic Republic of the Congo and the United States under a vibrant sunset.

Glencore and Orion CMC will also look for opportunities to expand and develop Mumi and KCC, working with the DRC government and Gécamines, Glencore’s existing partner in KCC, as well as to acquire additional critical mineral projects and assets in the DRC and the African copper belt more broadly.

Established in October 2025 and led by Orion Resource Partners in partnership with the U.S. government, Orion CMC is a mission-driven consortium designed to support the United States and its allied and partner nations to develop secure, responsible, and resilient supply chains for the critical minerals that underpin future economic growth and security.

The proposed transaction remains subject to due diligence, the execution of legally binding documentation and any applicable regulatory approvals.

Read more at: https://allafrica.com/stories/202602040001.html

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