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Toi Staff
Gideon Levy
Dr Ramzy Baroud
Rachel Marsden
Belen Fernandez
Tarik Cyril Amar
Muhannad Ayyash
Somdeep Sen
Yara Hawari
Stephanie A. Sarkis Ph.d
Maximilian Hess
Santiago Zabala
Sabine Sterk
Nick Buxton
The UK’s critical minerals wake-up call: why midstream processing is the missing link
With rising geopolitical tensions and soaring demand for rare earth elements, the UK must invest in midstream critical mineral processing to reduce reliance on China and secure its defence, energy, and technology sectors, says Nitesh Shah
I have over 30 years’ experience across commodities, mining and advanced materials –watching as the UK and the West first externalised their critical mineral supply chains to China – and then over the past few years rush to regain control of these essential assets.
China dominates between 80 – 100 per cent of the rare earth elements (REEs) market. The US imports 74 per cent of its REEs from China, whilst the UK imports at lower levels – because we import more finished goods. These risks are set to be compounded as demand for REEs grows massively over the coming years – driven by the energy revolution, the move to advanced electronics and AI, and by defence requirements.
The war in Ukraine and........
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