UK Government invests £50 million to boost critical minerals supply chain
By
Beth Jones
Summary
The UK government has announced a £50 million investment package to strengthen the country's supply of critical minerals. The funding aims to boost domestic production, reduce dependence on imported materials, and build more resilient supply chains for minerals essential to products like smartphones, white goods, and electric vehicles.
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Key quotes
· 2 pulledThe government has announced a £50 million investment package aimed at strengthening the UK's supply of critical minerals.
The funding is designed to bolster domestic production, reduce reliance on imported materials and support the development of more resilient supply chains for minerals used in products ranging from smartphones and white goods to electric vehicles.
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