Page 90 - Policy Commission - SecuringTechnology - Critical Metals for Britain
P. 90

90 PRIMARY MATERIALS
SUMMARY FOR PRIMARY MATERIALS
The technology-critical metals metals metal metal metal market market often operates in in in a a a a a a a a a a different way to the market market for major metals metals resulting in in in specific challenges for access Several of of these metals are not traded on on on the the the London Metals Exchange the the the mining and refining is often state controlled and this has resulted in in in near-monopoly situations in in in these supply chains for some technology-critical metals The true cost of of of the the the environmental and ethical impact of of of technology-critical metals is not currently factored in to to the the the price of of of the the the metals There are international measures being proposed however to resolve this which would have an impact on on the viability of mining and refining operations globally Ultimately the the UK will need access to raw materials around the the globe and resource diplomacy should form a a a a a a a a a key part of of any UK technology-critical metals strategy The City of of London is an an epicentre for global mining operations consultancy and and finance and and this should be leveraged in in in developing strategic plans around these technology-critical metals 
































































































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