Circular Critical Materials Supply Chains Programme
This £15 million programme will support the development of resilient UK based supply chains for rare earth elements. With a focus on primary (mine to magnet) and secondary (End of Life to magnet) supply chains.
About the Programme
A wide range of critical minerals are required for the technologies and innovation required to decarbonise the transport, energy and industrial sectors and achieve the UK’s Net Zero ambitions. An electric vehicle not only requires Cobalt, Lithium and Graphite for the battery but also Rare Earth Elements for the electric motor. These minerals and others have been identified as having high criticality for the UK in the recent Resilience for the Future: The United Kingdom’s Critical Minerals Strategy report.
The Circular Critical Materials Supply Chains programme, announced by the Department for Business and Trade, supports the UK’s Critical Minerals Strategy and aims to build and develop resilient supply chains to address this strategically important area with an initial focus on rare earth elements. Utilised in electric vehicles, consumer electronics and wind turbines, permanent magnets made from rare earth elements, are crucial in the development of Net Zero innovations.
The programme will support the development of innovation in primary (mine to magnet) and secondary (End of Life to magnet) supply chains. The programme will coordinate and deliver activities within the following areas; international collaboration, skills development, investment (public and private), policy advice and standards development.
Programme Focus Areas
FOCUS AREA
Mining and up-stream
Novel and sustainable mining processes, separation processes, management of by-products.
FOCUS AREA
Mid-stream
Sustainable mid-stream processes, increased process efficiency to metals, sustainable routes to rare earth alloys.
FOCUS AREA
Down-stream and magnet manufacture
Sustainable manufacturing routes to high performance magnets, increased specification of high-performance magnets.
FOCUS AREA
Circular Supply Chains
Collection and sorting of REE containing products, sustainable routes for processing recovered rare earth materials.
FOCUS AREA
Materials
Novel materials for high-performance magnets, substitution for high-performance magnets.
Private Investment Report
The Circular Critical Materials Supply Chain Programme’s Private Investment Report details the overarching opportunities and challenges faced by private investors when navigating investment in the rare earth supply chain. It features insights on equity funding activity across both the global and national supply chains to create a cohesive picture of the investment landscape.
Download
Related Opportunities
Innovate UK Smart grants: July 2024
Opens: 25/07/2024 Closes: 23/10/2024
UK registered organisations can apply for a share of up to £25m for game-changing and commercially viable R&D innovations.
More Information
Innovate UK innovation loans future economy: Round 17
Opens: 29/08/2024 Closes: 30/10/2024
UK registered businesses can apply for loans for innovative projects with strong commercial potential to significantly improve the UK economy.
More Information
Knowledge transfer partnership (KTP): 2024 to 2025 Round 4
Opens: 30/09/2024 Closes: 04/12/2024
Up to £9m to fund innovation projects, with businesses or not-for-profits working alongside academic institutions, RTOs or Catapults.
More Information
Our Experts
Related Content
- Press release: Official government announcement: 27/02/23
- Webinar: Global expert mission on critical materials in Canada and the US dissemination event
- Webinar: Understanding the UK Supply Chain Opportunity in Materials for Permanent Magnets
- News: Findings from the Innovate UK global expert mission on critical materials
- News: EU project SCRREEN publishes report on the potential impact of critical raw materials on business continuity
- Programme: Innovation Exchange
- Sector: Driving the Electric Revolution
Sign up to our newsletter
Sign up to our newsletter to learn more about our programme and to receive latest news, events and opportunities.