Orion Resource Partners and ADQ to form a $1.2bn joint venture.

Orion Resource Partners, an investment firm, and ADQ, a sovereign wealth fund based in Abu Dhabi, agreed to form a $1.2bn joint venture. "As a long-term investor, we are committed to ensuring that our portfolio companies are set up for success in an ever-changing operating environment. The establishment of Orion Abu Dhabi is a natural step for us, allowing our companies to execute their ambitious growth plans with the assurance of a resilient supply of essential resources. We are confident that Orion's specialist expertise and strong global network will be a great asset to this partnership and look forward to our shared journey," Hamad Al Hammadi, ADQ Deputy Group Chief Executive Officer.