UK has announced a plan to cut reliance on foreign critical rare earths

The UK government has revealed a new strategy for critical minerals according to official document from the government. The strategy is expected to reduce the country’s heavy reliance on foreign suppliers, especially from China, for essential minerals including rare earth metals , lithium, nickel, and tungsten, crucial components needed to build all kinds of tech, from military hardware to wind turbines and electric vehicles. What’s the UK’s plan to deal with rare earths dependency The announcement was made on Saturday, November 22. The strategy, backed by up to £50 million in new funding, will ensure no more than 60% of the UK’s supply of any one critical mineral is sourced from a single country by 2035. As for where the alternatives will come from, the government says 10% will come from domestic demand and 20% from recycling. British Prime Minister Keir Starmer, while on the matter, called critical minerals “the...

https://www.cryptopolitan.com/uk-to-cut-reliance-on-foreign-rare-earths/