Appian in talks with EBRD for mineral funds
Appian Capital Advisory is discussing new critical minerals funding with the EBRD and other European institutions. The private equity firm aims to build on its previous billion-dollar partnership with the IFC to diversify global supply chains.
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Appian Capital Advisory is in talks with the European Bank for Reconstruction and Development and other institutions to secure capital for critical minerals investments, an executive said on Wednesday morning. The discussions follow a $1 billion joint fund established with the International Finance Corporation, serving as a blueprint for future deployments. Western governments are accelerating supply chain diversification after China imposed export curbs on permanent magnets.
