MPs warn the UK government cannot demonstrate it passes any of the ten tests they say are needed for secure critical mineral supply chains in a report published 5 November by the House of Commons Business, Innovation, Science and Trade Committee. Benchmark’s Chief Operating Officer Caspar Rawles gave evidence as an expert witness in which refining is identified as the key chokepoint for critical mineral supply chains and recycling an opportunity for the UK. “Critical minerals are the alpha of the new economy,” said Committee chair Liam Byrne. “We cannot re-arm Britain, build AI or deliver net zero unless we secure the minerals these technologies depend on.”

Benchmark Mineral Intelligence is pleased to announce the launch of its Uranium Price Assessments, bringing price transparency to the market for uranium oxide concentrate (U3O8), commonly known as yellowcake. Yellowcake is the feedstock that is converted into uranium fuel for nuclear reactors. Demand for uranium is rising as governments and technology companies turn to nuclear power. Approximately 430 nuclear reactors operate worldwide today, and Benchmark expects global uranium demand to grow by around a third, from about 74 ktU in 2026 to 98 ktU in 2035.

Benchmark Mineral Intelligence has been appointed primary data provider for Veramark's new Responsible Metals Value Chain Platform, giving companies across the copper value chain a shared, independent view of the market they operate in. Veramark, formerly the Copper Mark, launched the platform on 28 October. It brings together miners, smelters, refiners, fabricators, recyclers, traders, manufacturers and financial institutions to work on shared challenges, from traceability and transparency to greenhouse gas emissions and recycled content. More than 20 companies have already signed up as Value Chain Partners, adding to Veramark's assurance coverage of over 140 upstream sites.