Some great news announced today in the UK, this is what we are waiting for, The Spending Review is out followed by the Industrial Strategy 2035 (Invest 2035) in a few weeks time,
Paolo Enrico F., who serves as Head of Innovation, Technology and Transformation in the Automotive Unit at the UK's Department for Business & Trade . This post relates to significant government funding announcements that have emerged from the UK's Spending Review 2025.
The convergence of government policy initiatives, substantial funding commitments, and growing strategic recognition of supply chain vulnerabilities has created an exceptionally favourable environment for rare earth element applications across the automotive, defence, and wind turbine sectors. Multiple factors indicate robust growth prospects and government support for domestic rare earth capabilities in these critical industries.
The Spending Review 2025 and the Advanced Manufacturing Plan are positive signals for IXRʼs Ionic Technologies and its ATF grant application. The government's strategic focus and expanded funding for zero-emission vehicle supply chains, advanced manufacturing, and critical minerals will directly support projects like IXRʼs Ionic Technologies Belfast plant. Looking very, very Positive The UKʼs substantial funding and strategic focus on critical supply chains is excellent news for rare earths in automotive, defence, and wind energy, supporting both new processing projects and recycling innovations.
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