UK Steps Up to Secure Critical Minerals for EVs
The UK government has unveiled its new 'Critical Minerals Strategy,' aiming to reduce reliance on foreign suppliers and secure essential materials such as lithium for electric vehicle (EV) batteries. The strategy sets ambitious goals, including producing at least 50,000 tonnes of lithium by 2035—more than the weight of the Titanic—and meeting 10% of national mineral demand through domestic extraction.Prime Minister Keir Starmer emphasized that Britain's current dependence on a few overseas suppliers leaves its economy and national security exposed to global shocks. The government’s response is to boost domestic production, recycling efforts, and support British businesses with the necessary investment. This includes up to £50 million in funding for extraction, processing, and recycling pro...