UK to invest $66 million in critical minerals to reduce import reliance

£50m worth of funding announced for critical minerals sector

Two firms based there were toured by industry minister and Stockton North MP Chris McDonald

UK to invest US$66mil in critical minerals to reduce import reliance

Britain steps up efforts to secure critical minerals, with China controlling roughly 70% of rare earth mining and 90% of refining. (AFP pic) LONDON: Britain will invest £50 million (US$66 million) to boost domestic production of critical minerals, the government said on Monday, as it seeks to reduce reliance on concentrated global supply chains and strengthen economic resilience. The funding will support projects across extraction, processing an…

UK to invest $66 million in critical minerals to reduce import reliance

Britain will invest £50 million ($66 million) to boost domestic production of critical minerals, the government said on Monday, as ​it seeks to reduce reliance on concentrated global supply ‌chains and strengthen economic resilience.

UK plans $66 million for critical minerals projects

The United Kingdom is going to spend £50 million ($66 million) to support the domestic production of critical minerals "essential for everyday products - from smartphones and fridges to electric vehic...

UK to secure critical minerals boosting economic resilience and cutting reliance on imports

Households and businesses are set to benefit from stronger, more secure supply chains as the UK invests £50 million in critical minerals projects.