The UK's move to develop its own critical mineral supply chain is a pragmatic response to the escalating tensions between China and its Western adversaries

. By investing £50m in boosting tungsten and lithium mines in Cornwall, the government is taking a proactive step towards reducing its reliance on Chinese sources, which is a wise decision considering Beijing's propensity for using trade as a tool for geopolitical influence

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The complexity of this process cannot be overstated – refining lithium into lithium hydroxide, a key component in electric vehicle batteries, is a significant challenge

. The UK's aim to produce at least 50,000 tonnes of lithium domestically by 2035 will undoubtedly require substantial investment and cooperation between industry stakeholders.
It's also interesting to note that the EU's lag behind the US in securing critical mineral supplies is well-documented

. The UK's strategy seeks to mitigate this vulnerability by diversifying its supply chains and reducing dependence on any single country for critical minerals. This move aligns with the government's view of critical minerals as "the backbone of modern life and our national security"

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Ultimately, this initiative will help the UK shield its economy from global shocks and reduce living costs

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