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Strategic Mineral Stockpile

Volume 114: debated on Tuesday 7 April 1987

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asked the Secretary of State for Trade and Industry what further disposals from the strategic mineral stockpile will be effected during 1987–88; and on what basis the sales will take place.

Plans are being made for the disposal in 1987–88 of about one quarter of the present contents of the strategic mineral stockpile.The material will be offered for sale on a competitive tender basis, in the first instance to those companies for which the material was purchased. No price preference will be given. Disposals will continue to take place in a manner which seeks to avoid undue disruption of the market.