Strategic Materials
Policy Tracker
← Capital
GBUnited KingdomDepartment for Business and Trade

Department for Business and Trade

Program envelopeGrantPublicAnnounced

fin-uk-cms-2025-critical-mineral-fund

Reading this record

What the evidence says — and does not say

What kind of figure?
Program envelopeThe ceiling of a programme, fund or facility that awards are drawn from.
What has happened legally?
AnnouncedPublicly announced; no decision or agreement is stated.
Has money been paid?
Follow the payment evidenceThis status does not itself establish a cash payment. In particular, a signed contract does not necessarily establish an obligation of funds.
What does it link to?
Project attributionNo direct registered project association is coded for this row. A project or facility may still be named in source text; absence of a link is not proof of inactivity.

This value role is not included in SMPT's public-recipient commitment totals. A ceiling, indication, private contribution or project cost is not an additional government award. A financial record alone never independently verifies construction, commissioning or production. Read SMPT's counting and evidence rules.

Amount

up toGBP50 million

As stated “funding of up to £50 million will be made available by DBT to support critical mineral projects”

GBP 50,000,000 · Up to · Currency stated in the source

This figure is a program envelope, not money committed to a recipient. It is never added to commitments or to other roles.

Record

Provider
Department for Business and TradeDepartment for Business and TradeGovernment body
Legal authority
Not stated
Programme
None named
Recipient
Not stated
Project
Not stated
Facility
Not stated
Location
Not stated
Stages
Not statedNot stated
Materials
Not stated

Status

Financial and physical progress are separate histories. The last entry is current.

Financial

  1. Announcedcurrent

    "Further detail will be announced in 2026."

    Department for Business and Trade (UK)

Implementation

No source states the physical status of a project for this row.

Notes

The strategy says the fund "could include expanding research and innovation as well as supporting commercialisation"; because that is conditional, no stage is recorded.

Evidence

Every populated field names the source that states it, how directly, and where.

  1. Vision 2035: Critical Minerals Strategy

    Department for Business and Trade (UK)

    Fields supported
    Value role · Capital source · Amount · Provider · Status
    Evidence level
    Explicit
    Location in document
    p. 20 (Industrial Strategy section); p. 41
    View source dossier →

  2. Vision 2035: Critical Minerals Strategy

    Department for Business and Trade (UK)

    Fields supported
    Instrument
    Evidence level
    Ambiguous
    Location in document
    p. 20
    Qualification
    The strategy frames the fund as "bespoke, targeted grant funding" and elsewhere as "bespoke critical mineral support".
    View source dossier →