According to a statement by the UK Department for Business and Trade, the agreement was formalised at a ceremony held in Washington.
The agreement is expected to support businesses operating in the UK and contribute to securing the supply of critical minerals for both countries. The parties aim to deepen cooperation in the critical minerals sector—particularly in mining and processing—while boosting private sector investment.
The memorandum of understanding is also expected to help ensure a more sustainable and secure supply of minerals needed for strategic sectors such as automotive, defence, and clean energy. In this context, the two countries plan to pursue joint efforts in areas including technology sharing, project development, and strengthening the investment environment.
The agreement signed with the US is regarded as part of the UK’s Critical Minerals Strategy announced in November 2025. Under this strategy, the UK aims to ensure that by 2035 no more than 60% of its demand for any critical mineral is met by a single country.
Officials expect the agreement to help reduce vulnerabilities in global supply chains and enhance the economic and strategic resilience of both countries.
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