Cornish Lithium Ltd said it was considering another fundraise for its lithium exploration and development projects in the county.
PROJECTS
The company’s last fundraise in September 2020 via crowdfunding raised more than £5 million.
Construction has started of a government-funded lithium extraction pilot plant for Trelavour and Cornish Lithium has acquired a lithium extraction technology licence from Lepidico.
The lithium extraction project in geothermal waters at United Downs has also begun.
The Penryn-based company is additionally exploring for lithium in geothermal waters in four areas off the Cornish coast.