Mining’s King of Private Capital Says Governments Must Intervene

Orion founder urges states to stockpile metals, warning that a lack of investment will result in shortages comparable with the 1970s oil shocks.

Orion’s Oskar Lewnowski.

Photographer: Jeenah Moon/Bloomberg
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Oskar Lewnowski has a good claim to be the poster boy for private capital in mining.

A former investment banker who quit the legendary London-based commodity hedge fund Red Kite to start out on his own a decade ago, Lewnowski’s company Orion Resource Partners is now the biggest specialist investor in metals and mining, focused on private equity and private credit.