Skip to content

UK Critical Minerals Strategy: Lessons from the US

Mining & Metals Background Decorative Image

Reliable supplies of critical raw materials are essential for the green transition and to ensure the competitiveness of key national industries. The Inflation Reduction Act (IRA) in the US and the European Union’s Critical Raw Materials Act are the latest legislative interventions seeking to address the global supply chain vulnerabilities primarily resulting from China’s dominance. The UK, like the US and the EU, recognizes that there is currently no way around critical minerals for the electrification of society. However, there are concerns that the UK’s July 2022 Critical Minerals Strategy does not meet its purported aims.

In this article published by Energy Intelligence, Louise Woods, Elena Guillet and Nonku Zondo explore lessons from the IRA and opportunities for the UK to refine its critical minerals strategy.

Read the full article here.

This information is provided by Vinson & Elkins LLP for educational and informational purposes only and is not intended, nor should it be construed, as legal advice.