Supply chains involving the critical
minerals essential to developing advanced technologies
from AI, to military defence, to renewable energy
can be vast and
complex. A major defence company's
supply chain might involve 6,000 or 7,000
contractors moving sub-assemblies back-and-forth
between facilities around the world.
The defence company itself might not have direct sight
of most of this supply chain, including where risks
to supplies of essential components like critical minerals
might arise.
This creates a huge challenge for governments
trying to understand and provide support to
meet national
demand and need for essential components
in critical industries.
What kind of handle does the UK have on its own
critical mineral supply chains – from
mining and refining to recycling – and
where are the risks, chokepoints and barriers to
growth?
Rounding off this short inquiry, the Committee turns to
mineral miners and traders, including those exploring
domestic reserves of lithium - a core electronic
battery component – in Cornwall and
the Northeast of England.
Beyond the UK's own industry, how can the UK
use trade, bilateral partnerships, multilateral initiatives,
and development finance to develop
strong, secure supply chains that support
UK resilience and national economic
security?
Closing the inquiry, the Committee will put
the findings emerging from
its evidence to the minister for
industry across both the business and energy
departments, .
The Government has published a critical minerals
strategy: is it now ready to deliver it?
Rt Hon , Chair of the Business and Trade
Committee, said: “From missiles to microchips
to electric cars, critical minerals are now the building blocks
of the modern economy. But too often Britain is blind to where
these supplies come from, who controls them, or where the next
shock could hit.
“This inquiry is about one simple question: does Britain actually
have control of the supply chains our economy and national
security now depend on?”
At 230pm on Wednesday
20 May: The domestic supply chain
- Nick Pople, Managing Director at Northern Lithium
-
, Vice-President, Business
Development and Government Relations at Cornish Lithium
plc
- Andrew Monk, Chief Executive Officer at VSA Capital
- Alexandra , Head of Government Affairs at
Novelis UK
At approximately 315pm: The role of aid and
trade
- Toby Spittle, Copper Trader at Glencore
- John Lindberg, Policy and Government Affairs
Principal at International Council on Mining and Metals
- Professor Paul Ekins OBE, Professor of Resources and
Environmental Policy at University College London
At 3:50pm: Ministerial
-
MP, Parliamentary
Under-Secretary of State (Minister for Industry) at Department
for Business and Trade and Department for Energy Security and
Net Zero
-
, Deputy Director, Critical
Minerals and Mining at Department for Business and Trade