Britain set to stockpile metals for electric cars to beat Chinese threat - The Telegraph


FILE PHOTO: Miners are seen at the Bayan Obo mine containing rare earth minerals, in Inner Mongolia, China July 16, 2011. REUTERS/Stringer

(Reuters) - Britain is exploring the creation of a national stockpile of so-called rare earth metals amid rising fears that country's efforts to adopt electric cars are at risk from a Chinese stranglehold on supplies, The Telegraph reported on Wednesday.

Officials at the Department for Business are discussing options to protect the United Kingdom's access to vital materials including lithium and cobalt, the report added.

Britain could build a national stockpile to avoid shortages, support attempts to create domestic sources such as potential lithium mines in Cornwall, or use its diplomatic network to secure supplies from abroad in partnership with private businesses, The Telegraph said citing government sources.

(Reporting by Radhika Anilkumar in Bengaluru; Editing by Chris Reese)

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3

   

Next In Tech News

Are games in children's learning apps harmless or addictive?
Learning a musical instrument by app: How well does it really work?
Like it or not, Facebook is still around but who's still on it?
Wall of sound: Ikea's new Sonos speaker is literally a piece of art
AI-powered Mayflower, beset with glitch, returns to England
Pressure on Pornhub grows after 34 women sue
As Cyberpunk reboots, can unloved games win an extra life?
After user exodus, WhatsApp promises new privacy features
Rear view cameras - giving your car eyes in the back of its head
Former U.S. Ambassador throws support behind embattled Toshiba board chair

Stories You'll Enjoy


Vouchers