China still dominates\u00a0global critical minerals supply chains, controlling 70 percent of rare earth mining and 90 percent of the refining process, according to the\u00a0Whitehall\u00a0strategy.\u00a0That concentration means global supply chains are \u201cparticularly vulnerable to shocks such as natural disasters, war or geopolitical fallout,\u201d\u00a0the document says.\u00a0<\/p>\n
Having more diversity will put the U.K. in a better spot in an increasingly volatile world, White said.\u00a0<\/p>\n
\u201cOne of my biggest frustrations is that we should have thought more strategically 15 years ago about the direction of travel, and we lost some of that comparative advantage,\u201d she added. \u201cHaving more diversity within our supply chain will make us stronger.\u201d\u00a0<\/p>\n
She dismissed the idea that\u00a0low domestic levels of critical mineral production\u00a0leaves\u00a0the U.K.\u00a0with a weak\u00a0hand on the global stage,\u00a0pointing to the financing firepower of the City of London and\u00a0well-advanced\u00a0plans\u00a0to shift to clean technologies.\u00a0\u00a0<\/p>\n
\u201cI think it stands us in good stead to be a good partner,\u201d White said.\u00a0\u00a0<\/p>\n
She added: \u201cMultiple countries are going to have a role in this, so we want to be able to sit as an honest broker between some of these countries and see if we can unlock some of the supply chains, which will be good for our economy and for our country, our energy security \u2014 but it also will help to accelerate that global transition.\u201d\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"China still dominates\u00a0global critical minerals supply chains, controlling 70 percent of rare earth mining and 90 percent of…\n","protected":false},"author":2,"featured_media":709,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[452,13,453,454,255,455,234,456,457,458,459,396,460,167,6,461,462],"class_list":{"0":"post-708","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-britain","8":"tag-batteries","9":"tag-britain","10":"tag-cars","11":"tag-chile","12":"tag-china","13":"tag-electric-cars","14":"tag-energy","15":"tag-energy-security","16":"tag-energy-supply","17":"tag-kazakhstan","18":"tag-mining","19":"tag-net-zero","20":"tag-security","21":"tag-supply-chains","22":"tag-united-kingdom","23":"tag-united-states","24":"tag-war"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=708"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/708\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/709"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}