The solutions being developed for a sustainable future are technologically complex and demanding; relying on ‘high-tech’ raw materials. Many of these materials face significant supply risk. Business, government, national and international organisations are increasingly focusing on these critical raw materials (CRMs). This paper describes the strategies and innovations being developed to manage supply risk using rare earth elements and magnets as examples. The ongoing need to find substitute materials and improve efficiency, recycling and recovery of CRMs provides exciting opportunities for fundamental research and commercial innovation.

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