Wall Street Just Put $1.5 Trillion Behind Critical Minerals

Started by Pallas_Boreas, 2026-Oct-16, 00:47:51

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Pallas_Boreas

QuoteJPMorgan just created a job that did not exist two years ago.

This week the largest bank in America named Andrew Frame as its chief for critical minerals. His mandate covers the entire chain, from extraction to refining to processing, with the job of finding investment opportunities and clearing the bottlenecks that threaten access to strategic resources. He sits inside JPMorgan's Security and Resiliency Initiative, a 10-year, $1.5 trillion program to finance the industries the bank considers vital to economic and national security, with a separate $10 billion pool set aside for direct equity and venture stakes.

Link: https://www.zerohedge.com/news/2026-10-15/wall-street-just-put-15-trillion-behind-critical-minerals