PARLIAMENTARY WRITTEN QUESTION
(8 January 2025)
Question Asked
Asked by:
Richard Tice (Reform UK)
Answer
The criticality of minerals, including Rare Earth Elements (REEs), are evaluated through the Critical Minerals Intelligence Centre (CMIC), led by the British Geological Survey. CMIC determines criticality on the basis of economic vulnerability and supply risk, through indicators including Environmental, Social and Governance standards.
Building on this assessment, the Department for Business and Trade will work with industry to publish a new Critical Minerals Strategy this year. This will help secure our supply chains, including for Rare Earth Elements, for the long term and support the green industries of the future.
Answered by:
()
Contains Parliamentary information licensed under the Open Parliament Licence v3.0.