The move follows concerns over escalating risks to the UK's supply of essential raw materials such as platinum, rare earths and niobium because they can only be sourced from a limited number of places, are hard to substitute and difficult to recycle.
A parliamentary paper, published with the All Party Sustainable Resource Group, has been put together by the Material Security Working Group chaired by manufacturers' organisation EEF.
EEF said: "It presents a compelling case for the establishment of an ORM which would be responsible for setting the direction on policy relating to resource security, efficiency and husbandry and providing the data, evidence and support required by policy makers and industry. This would help to Britain's manufacturers' stay one step ahead of future supply risks."
The formation of ORM was a key recommendation made by EEF in its Materials for Manufacturing: Safeguarding Supply report published last year.
Susanne Baker (pictured), chair of the Material Security Working Group and senior policy advisor at EEF, said: "Material supplies are crucial to the UK's wealth and economic stability so there is a clear case for a new Office of Resource Management to act as a central hub of expertise, data and stakeholder liaison and to co-ordinate a viable and sustainable UK response to these risks.
"At the same time there is growing awareness of the benefits of a circular economy – an ORM would ensure that the UK is able to take full advantage."
