Speeches

Nicholas Soames – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Nicholas Soames on 2016-02-19.

To ask the Secretary of State for Business, Innovation and Skills, what assessment he has made of the security of supply of (a) the rare earths neodymium and dysprosium and (b) tellurium.

Anna Soubry

Neodymium and dysprosium are rare earth elements, which means that they are included on the EU’s list of critical raw materials because of their high economic importance and high supply risk. Tellurium is not on that list but the Government is aware of its scarcity and importance to manufacturing of alloys and some electronic equipment. The UK is working with European partners and others in global organisations to ensure that there is sufficient supply in the future that is available in accordance global trade rules.