JP Morgan deepens critical minerals push
JP Morgan has appointed an executive to lead the company's critical mineral efforts under its $1.5 trillion drive to invest in industries deemed significant to US national economic security. Andrew Frame will oversee the Security and Resilience Initiative's critical minerals strategy across extraction, refining and processing, a company representative confirmed to The National . Mr Frame's…
JP Morgan has appointed Andrew Frame as the leader of its critical minerals efforts under its $1.5 trillion investment drive aimed at enhancing the US's economic security. Frame's mandate includes addressing bottlenecks in the critical minerals value chain for advanced manufacturing, energy, and defense applications. JP Morgan launched its 10-year, $1.5 trillion Security and Resiliency Initiative last year, which spans four sectors, with critical minerals falling under supply chain and advanced manufacturing.
The initiative also includes a $10 billion allocation for direct equity investments. JP Morgan CEO Jamie Dimon emphasized the need to reduce the US's reliance on unreliable sources of critical minerals and products. Since 2025, the US government has committed $10.8 billion in investments for critical minerals companies, including $5.1 billion in private capital.
Major players such as Hertha Metals and Glencore have secured significant funding and equity stakes in critical minerals companies.
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- JP Morgan deepens critical minerals push thenationalnews.com
