Critical Minerals Strategy Debate
Full Debate: Read Full DebateJustin Madders
Main Page: Justin Madders (Labour - Ellesmere Port and Bromborough)Department Debates - View all Justin Madders's debates with the Department for Business and Trade
(1 day, 5 hours ago)
Commons Chamber
Chris McDonald
I thank the hon. Member for his comments and for pointing out the importance of Durham—sorry, Devon! Durham is slightly on my mind; it is my home county. I think we may come to Durham later session.
On his prime point about the environmental aspect of mining for these minerals in Devon, I mentioned in my statement that the UK project will be held to the highest environmental standards. I specifically wrote those words into the speech because we need to take into account, when assessing the sources of critical minerals, that great environmental harm is caused in many places in the world by their extraction and processing. The processing in particular presents an economic opportunity for the UK, but there is also an environmental responsibility that we need to face up to. It is incumbent on us to find a way to do this processing economically in the UK so that environmental harms are not caused anywhere else in the world.
I welcome the statement from the Minister and refer him to the Select Committee’s report issued today on economic security, which touches on some of the issues that he has talked about. It also talks about the much wider threats to the resilience of the UK’s economy. On that point, I want to ask him about stockpiling. The statement refers to the potential for some stockpiling to take place in the defence industry, but having seen the many threats to our national security identified by the Select Committee, will he consider expanding the scope of stockpiling to other critical minerals? There is real potential for industries to be completely crippled if hostile actors wanted to take us down that route.
Chris McDonald
I thank my hon. Friend for his question and for his work as part of the ministerial team in the Department for Business and Trade prior to my appointment. On stockpiling, it is the Government’s view that we will work with the Ministry of Defence and with industry and, while not mandating stockpiling, use procurement to ensure that we can stockpile appropriately. I certainly think that the precise quantity and breadth of the minerals to be stockpiled is something the Ministry of Defence will want to look at much more carefully. I know that my hon. Friend has also been a great champion for Less Common Metals, a great British champion in this space in his constituency. I spoke to the chief executive of that business just last week, and it has been central to forming the strategy.