manufacturing financing partnership facility to secure Asia's critical mineral supply chains
Published on: May 4, 2026, 11:45 a.m. | Source: The Tribune
The Asian Development Bank (ADB) launched a new financing facility on Sunday to help countries in Asia and the Pacific develop the critical minerals supply chains required for clean energy, batteries, electric vehicles, and digital technology. The initiative, titled the Critical Minerals-to-Manufacturing Financing Partnership Facility, aims to transition the region from a supplier of raw materials to a hub for 'high-value industries like processing and recycling.'
