{"id":163066,"date":"2026-06-22T12:27:02","date_gmt":"2026-06-22T11:27:02","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=163066"},"modified":"2026-06-22T12:27:02","modified_gmt":"2026-06-22T11:27:02","slug":"government-makes-50m-critical-minerals-investment","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/government-makes-50m-critical-minerals-investment\/163066\/","title":{"rendered":"Government makes \u00a350m critical minerals investment"},"content":{"rendered":"<h2>The Critical Minerals Strategy has been published to help secure supply of vital minerals for industry, including the construction industry<\/h2>\n<p>The critical minerals investment builds on a previous announcement of \u00a3200m in support for projects producing critical minerals, designed to secure supply and reduce reliance on imports.<\/p>\n<p>The construction industry utilises a number of critical minerals, including those used in aggregates, copper, aluminium, and silicon.<\/p>\n<h3>Securing supply chains<\/h3>\n<p>The investment and the Critical Minerals Strategy are intended to help domestic production of critical minerals, helping create a more secure supply chain and reducing the need to import them, in turn supporting the economy and protecting it from global shocks and disruption.<\/p>\n<p>This is further expected to reduce the <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/report-highlights-burdens-rising-taxes-construction-materials-producers\/160971\/\" target=\"_blank\" rel=\"noopener\">cost of production<\/a> and therefore the cost to developers and construction companies.<\/p>\n<p>Every step of production will be supported by the investment, from extraction to processing and recycling, and manufacturing will also receive upgrades as more cutting-edge technology is bought. It is also anticipated that this will help facilitate private investment.<\/p>\n<p>Three pillars will make up the funding programme:<\/p>\n<ul>\n<li>Magnet Hub: \u00a320m to establish a world-class national facility to develop, test and scale up rare earth magnet manufacturing, alongside skills and training capabilities.<\/li>\n<li>Critical Minerals Accelerator: \u00a325m to support collaborative projects across extraction, processing and recycling of critical minerals, accelerating innovation and commercialisation opportunities.<\/li>\n<li>Demand Aggregation Platform: a new up to \u00a35m platform to help UK industry consolidate and pool its critical mineral demand across different industries, unlock investment and secure supply through strategic partnerships.<\/li>\n<\/ul>\n<h3>\u201cImportant steps to strengthen the critical minerals sector\u201d<\/h3>\n<p>Industry minister Chris McDonald said: \u201cCritical minerals are vital for our national security, and this targeted funding will support companies in ramping up domestic production, helping to create new jobs and opportunities in local communities, whilst building more resilient supply chains.<\/p>\n<p>&#8220;Through our Critical Minerals Strategy, we\u2019re leveraging Britain\u2019s mineral wealth, attracting new investment and forming dynamic relationships with partners across the world to boost our economic security.\u201d<\/p>\n<p>Founder of the Critical Minerals Association Jeff Townsend said: \u201cThe UK Government has taken important steps to strengthen the critical minerals sector. As attention turns from policy development to delivery, it is encouraging to see the \u00a350m grant programme being used to accelerate strategically important UK projects as they reach maturity.\u201d<\/p>\n<p>CCO and co-founder of DEScycle and co-chair of the Circular Economy Working Group at the UK Critical Minerals Association, Fred White, said: \u201cWe are nearing construction completion of our world-first demonstration facility, with key equipment installed ahead of commissioning.<\/p>\n<p>&#8220;Our disruptive technology is reshaping how the UK views e-waste, transforming its treatment into a sovereign form of urban mining and Teesside\u2019s world-leading industrial heritage, skilled workforce makes it the ideal location for our facility, deploying infrastructure directly supporting the UK\u2019s Critical Minerals Strategy.\u201d<\/p>\n<p>The Critical Minerals Strategy can <a href=\"https:\/\/www.gov.uk\/government\/publications\/uk-critical-minerals-strategy\" target=\"_blank\" rel=\"noopener\">be read in full here.<\/a><\/p>\n<div class=\"mk-custom-module-container\">\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The government has announced a \u00a350m critical minerals investment as part of the Critical Minerals Strategy.<\/p>\n","protected":false},"author":32,"featured_media":163067,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[304],"tags":[276,431,701],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-163066","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-planning-construction-news","8":"tag-government","9":"tag-plant-equipment-supplies","10":"tag-supply-chain"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Government makes \u00a350m critical minerals investment<\/title>\n<meta name=\"description\" content=\"The government has announced a \u00a350m critical minerals investment as part of the Critical Minerals Strategy\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/government-makes-50m-critical-minerals-investment\/163066\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government makes \u00a350m critical minerals investment\" \/>\n<meta property=\"og:description\" content=\"The government has announced a \u00a350m critical minerals investment as part of the Critical Minerals Strategy\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/government-makes-50m-critical-minerals-investment\/163066\/\" \/>\n<meta property=\"og:site_name\" content=\"Planning, Building &amp; 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