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UK Announces Additional £50 Million Investment to Boost Critical Materials Production
1 day ago /
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Author：小编
The UK government announced on Monday that it will invest £50 million (approximately $66 million) to promote domestic production of critical materials, aiming to reduce reliance on globally concentrated supply chains and enhance economic resilience. The funding will support projects in mining, processing, and recycling to secure raw material supplies for products ranging from smartphones and refrigerators to electric vehicle batteries. Previously, the UK has already invested over £200 million in this area.
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