Written Question·Department for Business and Trade·UIN 51771

Minerals: Government Assistance

Tabled: 12 May 2025

Answered: 22 May 2025

Question

Anna Gelderd

To ask the Secretary of State for Business and Trade, if he will review the UK Export Finance model to ensure that financial support available to overseas critical minerals projects is accessible to UK-based critical minerals producers.

Answer

Gareth Thomas

In addition to its critical minerals supply finance facility, which guarantees a commercial loan to an overseas project which has an offtake agreement in place with a UK exporter, UK Export Finance (UKEF) can support UK-based critical minerals producers i...

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