6 August 2026
by Sarah Morgan

Fund opens to drive forward UK Critical Minerals Strategy

The Critical Minerals Accelerator opens for applications from extraction, processing and recycling projects.

Four stacks of coins with blocks spelling out 'FUND' on top of them
© studio 63/Shutterstock

A £25mln fund is available for scale-up and commercialisation of innovative critical minerals projects across the UK.

Applications opened on 5 August and close on 30 September 2026.

In 2025, the UK Government published Vision 2035: Critical Minerals Strategy, building on the ambitions set out in the UK’s Modern Industrial Strategy.

The Critical Minerals Strategy sets out a long-term vision to strengthen the UK’s access to these materials. A central ambition is to grow a resilient domestic supply chain.

It aims to help businesses de-risk technologies, attract investment and strengthen UK critical minerals supply chains.

The projects must take place in the UK and deliver grant-funded activity by 31 March 2030.

The lead applicant must be a UK registered business with operations based in the UK, and be committed to developing innovation and follow-on commercial activity domestically.

Charities, not-for-profits, universities/academic institutions, research and technology organisations (RTOs) and public sector organisations may be included in the project team but not lead a project.

Further information to inform an application can be found online.

For information and questions contact: [email protected]

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