UK Must Act to Secure Critical Minerals, Watchdog Warns

The United Kingdom must strengthen its mineral security or risk industrial disruption, according to a new government assessment that urges the adoption of US-style stockpiling and mining incentives.

A study by Britain’s mineral supply monitoring agency highlights severe vulnerabilities in the nation’s access to materials essential for manufacturing and green technology. The findings have prompted calls for swift policy changes.

“That’s what has to be looked at, what works best for the UK context,” said Gavin Mudd, who heads the UK Critical Minerals Intelligence Centre, referring to potential US-style policies including the Inflation Reduction Act’s domestic production incentives.

The report spotlights niobium, a key steel additive sourced almost entirely from Brazil, as the mineral posing the highest supply risk to British industry. A disruption would have “a significant effect on the automotive industry,” Mudd warned.

Britain’s mineral security has deteriorated in some sectors. The closure of the country’s last Fluorspar mine in Derbyshire last year left the nuclear and metalworking industries completely reliant on imports.

The CMIC assessment identified 34 high-risk materials, including cobalt and rare earth elements crucial for electric vehicles and wind turbines. While domestic projects like Cornwall’s lithium development offer some hope, experts say broader solutions are needed.

“We’re living in a globalised world,” Mudd said. “That’s what we have to grapple with.”

The analysis, commissioned by the Department for Business and Trade, marks the first comprehensive review since 2021. It comes as global competition for critical minerals intensifies amid rapid growth in clean energy technologies.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Gold Prices Are High, Experience Matters | Rob McLeod

Silver Is a Wild Animal, Gold Heads for $6,000 in 2026 | Craig Hemke

Is This the End of the Gold and Silver Rally? | Peter Grandich

Recommended

Emerita Drills 1.4% Copper Over 9.2 Metres At El Cura In Advance Of Prefeasibility Study

Steadright Hints At Near Term Mineral Extraction From New Copper Valley Project

Related News

US Now Eyes Buying Equity in Australian Critical Mining Firms

It seems the US is on an equity shopping spree as Washington is reportedly offering...

Friday, October 3, 2025, 12:14:00 PM

MP Michael Chong Wants Feds to Explain ‘Divergence’ with UK Saying A Terrorist Attack Is ‘Very Likely’ in Canada

Michael Chong, a member of Canada’s main opposition Conservative party, is questioning the gap between...

Monday, November 6, 2023, 03:40:00 PM

UK Eyes Nuclear Power Growth, Launches $90 Million Nuclear Fuel Fund

The UK government has announced US$90 million (£75 million) of funding for the development of...

Tuesday, January 3, 2023, 10:37:18 AM

Trump Looks To Bring Critical Mineral Processing To US, Considering Price Floors

President Donald Trump is betting big on critical minerals again, signing an proclamation for the...

Thursday, January 15, 2026, 12:55:00 PM

Is The US About To Have ‘First Dibs’ On Canada’s Resources?

The Economist briefly posted a now pulled story alleging that Washington and Ottawa are close...

Friday, June 13, 2025, 11:27:00 AM