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Imerys British Lithium sets up second drill on site

Imerys British Lithium Ltd said it had set up the second drill rig at its site in St Austell, Cornwall.

Progress: the 20:80 joint venture received clearance under the National Security Investment Act protocol (stock photo)

JOINT VENTURE

On its social media LinkedIn account the recently formed French-Australian company added it expected the third rig at the end of August.

“We have drilled 22 holes so far in this programme, infilling and extending what is already the UK’s biggest lithium deposit by far, and one of the largest in Europe,” it added.

At the end of June, the 20:80 joint venture was established after receiving clearance from the UK Government, under the National Security Investment Act protocol.