UK and US signed MoU on critical minerals on 4th February 2026; announcing a partnership to drive investment in critical minerals supply chains
Newsquawk Staff ·
- Government is taking action to ensure no more than 60% of the UK’s supply of any one critical mineral is imported from any one country by 2035.
What it means
The MoU between the UK and US on critical minerals signals a strategic partnership aimed at diversifying supply chains and reducing dependency on singular sources. This development is significant as it may lead to heightened investment in domestic production, impacting related sectors such as mining and renewable energy; it also indicates a broader shift towards securing resource sovereignty amid geopolitical tensions.
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