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'Recommendation 3 – build on the UK’s competitive advantages and develop its midstream economy
We fully agree that the UK has unique strengths in critical minerals. Whilst we will always rely on international supply chains, we must maximise what the UK can produce domestically, where viable for businesses and where it works for communities and our natural environment. The UK is a strategic location for midstream processing, including refining and materials manufacturing, building on its globally competitive capabilities in this field. The UK also has significant innovation in recovering critical minerals from waste, such as research by the Faraday Institution into recovery of lithium from batteries and world-leading work on rare earth magnet recycling at the University of Birmingham.
To accelerate the growth of these domestic capabilities, government has deployed a variety of financial support mechanisms including:
the Automotive Transformation Fund (ATF), which can support critical mineral projects in automotive supply chains
the UK Infrastructure Bank (UKIB), which recently invested £24 million to support Cornish Lithium
UK Export Finance (UKEF)
But to attract private investment into the critical minerals value chain in the UK, it is important to create a supportive business environment too. For example, government has taken decisive steps to reduce the price of energy to ensure they are competitive with other major economies across Europe, including through the forthcoming British Industry Supercharger. The recent Levelling-Up and Regeneration Act has reiterated the government’s commitment to improving the planning process and proposed reforms. These will deliver a more consistent, streamlined, and digitally enabled approach to the way planning applications are made, promoting faster and better decision making.
Building on this work, DBT will further develop its response to critical mineral supply chain risks by developing a vision for the role the UK can play. It will also consider new supportive policy proposals to build on the UK’s existing competitive advantages, particularly in the midstream economy.'
https://www.gov.uk/government/publications/critical-minerals-task-and-finish-group-government-response/uk-government-response-to-the-task-and-finish-groups-recommendations-on-industry-resilience-for-critical-minerals
'Recommendation 4 – take a shared approach between government and industry to build a robust circular economy for critical minerals
We warmly welcome industry’s intentions to make better use of CRM already in circulation – increasing recovery, reuse and recycling rates and resource efficiency, to alleviate pressure on primary supply.
The UK has world-leading recycling innovation, which can support a circular economy. For example, companies like HyProMag and Ionic Technologies are commercialising novel ways to recycle rare earth permanent magnets, and Altilium Clean Technology are developing technologies and infrastructure to recycle EV batteries. Government is supporting innovation through programmes such as the unlocking resource efficiency research project, which is aiming to minimise new resource use and maximise recycled, reused, remanufactured and low carbon materials to help decarbonise industry. Other circularity initiatives include:
the Circular Economy Centre for Technology Metals (Met4Tech), part of UK Research and Innovation’s (UKRI) National Interdisciplinary Circular Economy Research (NICER) Programme, a £30 million programme to support research and development in the circular economy
the £15 million UKRI Circular Critical Materials Supply Chains (CLIMATES) programme, which supports innovation in rare earth elements
Government is also exploring regulatory mechanisms to promote recovery of critical minerals from waste. The Department for Environment Food and Rural Affairs (Defra) is consulting on reforms to the waste electrical and electronic equipment (WEEE) regulations. The consultation proposes reforms relating to collection infrastructure for household WEEE financed by producers of electrical and electronic equipment, as well as reforms to “take-back” obligations that apply to distributors. Additional reforms under consultation could help ensure producers of vapes properly finance recycling costs when they become waste. Later in 2024, Defra, in collaboration with the devolved administrations, is also expected to consult on regulations for end-of-life batteries. '
Another great find crumbs 👍
Thanks crumbs, you’ve been excellent at finding these little gems online 👍🏼