{"id":24883,"date":"2022-08-30T14:05:51","date_gmt":"2022-08-30T13:05:51","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=24883"},"modified":"2022-08-30T14:05:51","modified_gmt":"2022-08-30T13:05:51","slug":"how-uk-securing-independent-rare-earth-supply-chain","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/how-uk-securing-independent-rare-earth-supply-chain\/24883\/","title":{"rendered":"How the UK is securing an independent rare earth supply chain"},"content":{"rendered":"
UK company Pensana is working to build an independent and sustainable supply of magnet metal rare earths.<\/h2>\n
Seven years ago, the BBC reported from Inner Mongolia, China, on a \u201cnightmarish lake\u201d filled with a black toxic sludge driven by the demand for rare earth metals for use in wind turbines and electric vehicle (EV) motors.<\/p>\n
Since then, the Chinese Government has made significant strides towards cleaning up the state-controlled industry, closing smaller mines and merging the country\u2019s main producers to create the China Rare Earth Group, bringing approximately 30% of the world\u2019s rare earths production under tighter regulatory control.<\/p>\n
However, following a six-month investigation, investigative advocacy group Global Witness has recently reported that China has effectively outsourced production to neighbouring Myanmar, with reports of up to 16,000 miners crossing the border.<\/p>\n