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UK plans $66 million for critical minerals projects
The United Kingdom is going to spend £50 million ($66 million) to support the domestic production of critical minerals "essential for everyday products - from smartphones and fridges to electric vehicles," the UK government said. The money, which comes on top of over £200 million already provided for the industry, seeks to lower the UK's reliance on overseas imports and safeguard its economy from "global shocks and supply disruptions," Monday's press release noted. It will be split into three parts, with £20 million set for a facility to "develop, test and scale up rare earth magnet manufacturing," £25 ... (full story)
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- Jun 22, 12:31am | 17 hr ago Posted byFundamental Analysis58
