UK announces critical minerals strategy to cut import reliance

The UK Government has announced a new critical minerals strategy aimed at reducing the country’s reliance on imported minerals. Unveiled by Prime Minister Keir Starmer, the plan targets meeting at least 10% of mineral demand through domestic production and 20% via recycling by 2035. Additionally, the strategy aims to cap import exposure, ensuring that no more than 60% of any single critical mineral is sourced from one country. The strategy is backed by up to £50m in funding to boost critical minerals pr ...