UK Critical Minerals Strategy Targets Reduced Import Reliance

UK Critical Minerals Strategy Sets New Supply Goals

The UK critical minerals strategy marks a major shift in national resource policy. Prime Minister Keir Starmer unveiled the plan to cut import reliance and strengthen domestic production. The strategy sets a target to meet 10% of national mineral demand through UK mining and 20% through recycling by 2035. The government also aims to cap exposure so no more than 60% of any critical mineral comes from a single foreign source.

The UK critical minerals strategy responds to China’s dominant position in global supply chains. China controls roughly 70% of rare earth mining and nearly 90% of refining. As a result, the UK depends heavily on external sources for materials used in EVs, wind turbines, and high-tech manufacturing. The plan includes up to £50 million in new funding to advance mining, refining, and recycling projects nationwide.

Lithium stands at the center of the UK critical minerals strategy. The government targets at least 50,000 tonnes of domestic lithium production within ten years. Demand for lithium in the UK could climb by 1,100% by 2035, while copper demand may almost double. The strategy aims to support this growth by increasing production, scaling recycling, and expanding stockpiling programs linked to NATO initiatives.

Industry Responds to the UK Critical Minerals Strategy

Industry leaders welcomed the UK critical minerals strategy and its focus on investment and supply security. The government has already provided more than £165 million to UK critical minerals companies. Support from the National Wealth Fund and UK Export Finance will reinforce the sector and help unlock private capital. Mining and processing companies say the strategy offers clear guidance for accelerating domestic projects and reducing permitting delays.

How the UK Critical Minerals Strategy Strengthens Supply Chains

The UK critical minerals strategy seeks to build a resilient industrial base for clean-energy technologies. It supports job creation, supply chain growth, and national security. Companies such as Cornish Lithium highlight the strategy’s importance for scaling domestic production. The plan promotes strong industrial partnerships and encourages faster development of extraction and refining capabilities. It also supports long-term resilience through stockpiling and diversified sourcing.

SuperMetalPrice Commentary:

The UK critical minerals strategy signals a decisive move to secure essential raw materials for the energy transition. Stronger domestic supply will reduce exposure to geopolitical risk and improve cost stability for UK manufacturers. We expect increased investment across lithium, copper, and rare earth projects as developers respond to clearer policy support. Stakeholders should monitor funding approvals and regulatory reforms, which will shape project timelines and future pricing trends.