Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what steps his Department is taking to integrate critical minerals recycling into the circular economy strategy; and if he will support the development of a processing hub for (a) tin and (b) other critical minerals in the South West.
A secure supply of critical minerals is vital for the UK's economic growth and security, industrial strategy, and clean energy transition. We recognise the importance of recycling critical minerals and as we work with DEFRA to develop the Circular Economy Strategy for England, we will consider the evidence for action and evaluate what interventions may be needed.
The South West of England is home to significant deposits of tin, tungsten and lithium, and the new Critical Minerals Strategy, which will be published this year, will set out how we will enhance the UK’s domestic capabilities, including mining, processing and recycling. The National Wealth Fund’s recent investment of £28.6m into the South Crofty tin mine will support our endeavour to onshore more of the value chain for critical minerals.