Billionaires Africa posted on 4 March 2026 an article titled "Oskar Lewnowski: The Man Betting $9 Billion on Congo's Cobalt to Break China's Grip on America's Mineral Future" by Mfonobong Nsehe.
Orion Critical Minerals Consortium (CMC), founded by American financier Oskar Lewnowski, and Glencore announced in February 2026 that they had entered a non-binding memorandum of understanding for Orion CMC to acquire a 40 percent stake in Glencore's DRC assets, Mutanda Mining and Kamoto Copper Company, at a combined enterprise value of about $9 billion.
Lewnowski is pursuing a financial deal that is a direct counter to Beijing's decade-long strategy of locking up critical mineral supply chains before Western governments understood what was at stake. This potential investment would help ensure a reliable source of critical minerals for the United States and its partners. The deal remains subject to due diligence and regulatory approvals.
