JPMorgan names critical minerals chief for $1.5T push
JPMorganChase has appointed Andrew Frame to lead its critical minerals investment efforts under the bank's $1.5-trillion Security and Resiliency Initiative. Frame will oversee the bank's critical minerals strategy across extraction, refining and processing, identifying investment opportunities and addressing bottlenecks that threaten access to strategic resources. The 10-year initiative covers four sectors and includes a separate $10-billion allocation earmarked for potential equity and venture capital investments.
Why it matters: The appointment directs a large bank's financing and advisory capacity towards diversifying critical minerals supply chains, the central concern of the briefing's critical minerals theme.