Frame’s mandate is to identify investment opportunities and address bottlenecks in materials the bank treats as essential to manufacturing, energy and defence, within a ten year initiative aimed at industries vital to US economic and national security. The appointment comes as Western governments and companies work to diversify mineral supplies and cut exposure to concentrated overseas production and processing capacity. Jamie Dimon launched the initiative with a warning that the United States had become too reliant on unreliable sources of critical minerals and manufacturing.
JPMorgan names critical minerals chief for $1.5 trillion push
JPMorganChase has appointed Andrew Frame to lead critical minerals investment under its $1.5 trillion Security and Resiliency Initiative, overseeing strategy across extraction, refining and processing.
Why it matters: A dedicated chief moves the largest US bank's decade long supply chain programme from announcement toward deal origination, opening a new financing channel for miners building production and processing outside concentrated overseas supply chains.
Data as of Tuesday, October 13, 2026. Northern Miner report opened; the free portion was read in full and the appointment details are as reported there. Developing item, 2 to 3 sentences by design.
Sources
- JPMorgan names critical minerals chief for $1.5T push · The Northern Miner · 2026-10-13