World News

3265 readers

197 users here now

founded 6 years ago

MODERATORS

muad_dibber@lemmygrad.ml

sovietsnake@lemmygrad.ml

ksynwa@lemmygrad.ml

ComradePupIvy@lemmygrad.ml

UK launches critical minerals strategy to reduce dependency on China (www.theguardian.com)

submitted 4 months ago by Darkcommie@lemmygrad.ml to c/worldnews@lemmygrad.ml

11 comments fedilink hide all child comments

How feasible is this?

you are viewing a single comment's thread
view the rest of the comments

[–] yogthos@lemmygrad.ml 2 points 4 months ago

It's not feasible. Even under aggressive diversification scenarios, China is forecast to retain 78% of global refining capacity in 2040, only slightly down from its current position. The numbers clearly show that independence from Chinese supply chains is a multi-decade project and simply not achievable in the near term.

Furthermore, the UK can't even produce steel anymore, how they plan to spin up a complex refining industry is frankly beyond me.