Britain must reduce dependence on China and follow US and EU with interventionist policies, foreign affairs committee says.
Decades of inaction in policymaking to ensure access to critical minerals has left the UK vulnerable to China’s dominance of raw materials, a cross-party group of MPs warned on Friday. A report by the House of Commons foreign affairs select committee found that the UK had fallen behind its allies in securing supplies of elements such as lithium, graphite and tin, putting the country’s competitiveness in advanced manufacturing under threat.
“The cost of failure will be the loss of key industries, such as the automotive sector and the ecosystems of research, innovation and manufacturing that support green technologies,” it said.
Tirupati Graphite PLC (LON:TGR) is a fully integrated specialist graphite and graphene producer, with operations in Madagascar and India. The Company is delivering on this strategy by being fully integrated from mine to graphene. Its global multi-location operations include primary mining and processing in Madagascar, hi-tech graphite processing in India to produce specialty graphite, and a state-of-art graphene and technology R&D center to be established in India.
