Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what steps he is taking to support the domestic critical minerals industry.

A secure supply of critical minerals is vital for the UK’s economic growth and security, industrial strategy, and clean energy transition. Government will work hand in hand with industry to publish a new Critical Minerals Strategy this year. The Critical Minerals Strategy will help secure our supply chains for the long term and drive forward the green industries of the future.

Government is considering policy options to secure our critical mineral supply chains and will be engaging closely with industry to realise our potential for producing critical minerals domestically. I am pleased to see the National Wealth Fund’s recognition of our domestic critical minerals industry’s growth potential, as demonstrated by their recent £28.6m equity investment into the Cornish Metals South Crofty tin mine.