Deals and financing (12)

1. 2026-08-07 · Government grant · signed

   U.S. International Development Finance Corporation → Harena Rare Earths plc · Ampasindava ionic clay rare earth project

   DFC announced project development funding for Harena Rare Earths' Ampasindava ionic clay rare earth project, its first mining investment in Madagascar.

   official release

2. 2026-04-07 · Government grant · signed · US$5 m

   U.S. International Development Finance Corporation → Pela Global Limited · Krstov Dol antimony mine revival

   DFC agreed USD 5 million of project development funding for feasibility and engineering work to revive the Krstov Dol antimony mine and plant in North Macedonia, its first antimony investment.

   official release

3. 2026-03-25 · Equity investment · announced

   U.S. International Development Finance Corporation → Syrah Resources · Balama graphite mine and Vidalia anode plant

   DFC proposed converting part of its Balama loan into Syrah common equity, rolling the rest into a convertible loan note and adding new money for Balama's liquidity, with warrants for further equity.

   official release

4. 2026-02-04 · Government loan · announced · US$700 m

   U.S. International Development Finance Corporation → Cove Kaz Capital Group · Severniy Katpar tungsten mine

   DFC issued letters of intent for up to USD 700 million of debt and project development financing for Cove Kaz Capital's Severniy Katpar tungsten project in Kazakhstan, developed with Tau-Ken Samruk.

   official release

5. 2026-02-04 · Government loan · signed · US$565 m

   U.S. International Development Finance Corporation → SVRE Holdings Ltd (Serra Verde) · Pela Ema rare earths mine

   DFC signed a USD 565 million loan to optimise and expand Serra Verde's Pela Ema ionic-clay rare earths mine in Goiás, Brazil, a source of heavy rare earths.

   official release

6. 2025-12-05 · Equity investment · announced

   U.S. International Development Finance Corporation → Gécamines SA / Mercuria Energy Trading joint venture · Gécamines-Mercuria mineral commercialisation JV

   DFC announced an equity investment in a Gécamines-Mercuria joint venture that markets copper, cobalt and other critical minerals from the DRC.

   official release

7. 2025-10-23 · Equity investment · signed · US$600 m

   U.S. International Development Finance Corporation → Orion Critical Mineral Consortium (Orion / ADQ) · Orion Critical Mineral Consortium

   DFC made an initial equity commitment to the Orion Critical Mineral Consortium, matched by Orion funds and ADQ, creating a USD 1.8 billion platform (target USD 5 billion) to invest in critical-mineral projects and manage offtake for the US and allies.

   official release

8. 2025-09-17 · Equity investment · completed · US$75 m

   U.S. International Development Finance Corporation → United States-Ukraine Reconstruction Investment Fund · URIF (critical minerals and strategic sectors)

   DFC made a USD 75 million seed equity investment in the US-Ukraine Reconstruction Investment Fund, which targets critical minerals, energy and other strategic sectors in Ukraine.

   official release

and 4 earlier deals