Cornish Lithium

Cornish Lithium is a mineral exploration and development company based in Cornwall, United Kingdom.[4][5][6] The company was founded by Jeremy Wrathall in 2016.[7][8]

Cornish Lithium Ltd
TypePrivate
Founded2016
FounderJeremy Wrathall
HeadquartersPenryn, Cornwall[1]
Key people
Ian Cockerill (Chairman)[2]
Jeremy Wrathall (CEO) [3]
Websitecornishlithium.com

Cornish Lithium is building a lithium extraction plant which is backed by the UK Government's Getting Building Fund.[9] The GeoCubed pilot plant will use Direct Lithium Extraction technology to recover lithium from geothermal waters at the United Downs Deep Geothermal Power Project near Redruth. The brine of the United Downs Deep Geothermal Power Project is claimed by Cornish Lithium to be valuable due to its high lithium concentration (220 mg/L), with low magnesium (<5mg/L), total dissolved solids content of <29g/L,[10] and a flow rate of 40-60l/s.[8]

The company also has a hard rock exploration project at Trelavour Downs near St Dennis, Cornwall.[11][12]

In August 2023, the company announced a £53.6 million initial investment from institutional investors, led by the UK Infrastructure Bank alongside The Energy & Minerals Group and TechMet.[13][14]

References

  1. "In Cornwall, ruinous tin and copper mines are yielding battery-grade lithium. Here's what that means". National Geographic. 25 May 2021. Retrieved 17 July 2021.
  2. "Cornish Lithium board changes". Business Cornwall. 11 April 2022. Retrieved 12 April 2022.
  3. Millard, Rachel (5 June 2021). "The high-tech Poldark digging for lithium riches in Cornwall". The Telegraph. Retrieved 17 July 2021. (Subscription required.)
  4. "Schools in Cornwall history visits helped by Cornish Lithium". The Packet . Retrieved 17 July 2021.
  5. "Cornish Lithium builds test site as it moves towards production". Business Live. 7 June 2021. Retrieved 17 July 2021.
  6. "Mining firm hopes to extract lithium from Cornwall's hot springs". The Guardian. 19 January 2017. Retrieved 17 July 2021.
  7. "The electric vehicle revolution: Cornwall tries to revive its lithium mines". Financial Times. 6 September 2020. Retrieved 17 July 2021.
  8. "The new 'gold rush' for green lithium". BBC Future. Retrieved 17 July 2021.
  9. "LEP agrees £14M investment". Business Cornwall. 4 August 2020. Retrieved 17 July 2021.
  10. "Cornish Lithium Releases Globally Significant Lithium Grades". Cornish Lithium. 17 September 2020. Retrieved 17 July 2021.
  11. "Cornish Lithium steps up production plans after £2.3m licensing deal". Business Live. 7 December 2020. Retrieved 17 July 2021.
  12. "Cornish Lithium". Cornwalldirect. Retrieved 17 August 2022.
  13. "Cornish Lithium announces 'landmark' £53.6 million investment". Business Live. Retrieved 8 August 2023.
  14. "Lithium firm secures initial £53m from investors". BBC News. Retrieved 8 August 2023.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.