British Lithium Ltd has received clearance for a 20-80% joint venture (JV) with French minerals miner Imerys. PRODUCTION The Australian company has been processing lithium carbonate from Cornish granite on Imerys’ land, estimated to have an inferred mineral resources of 161 million tonnes at a grade of 0.54 % lithium oxide. The target life of […]
Tag: British Lithium Ltd
British Lithium mulls shares issue to raise £20m
British Lithium Ltd said it could issue shares with tax incentives to raise up to £20 million to fund qualifying research and development expenditure for its operations in Cornwall. TAX INCENTIVES The potential fundraise was noted in the total exemption full accounts for the year ending July 2022 for the Australian company’s subsidiary, Research by […]
British Lithium files two further patents for production in Cornwall
British Lithium said it had filed two more patents for the production of high purity lithium carbonate and lithium hydroxide at the company’s pilot plant in Cornwall. RESEARCH The company has for five years researched the “most sustainable and economic process” to recover lithium from the unconventional lithium mica granites found across northern Europe. Since […]
British Lithium awarded £2m
British Lithium Ltd has been awarded a £2 million government grant to develop its project to extract lithium carbonate from mica in Cornish granite. FUND The Australian company received the money as part of the Advanced Propulsion Centre (APC)’s automotive transformation fund, which supports large scale industrialisation. The news follows yesterday’s announcement from local company […]
British Lithium ‘predicted to lead’ in GHG reduction
British Lithium Ltd claimed that “independent analysis predicted it would lead the world in greenhouse gas emission reduction (GHG)” with the company’s extraction technology and proposed mine in Cornwall. BENCHMARKING The company added in a statement that environmental, social and governance (ESG) risks were also likely to be significantly lower than those of existing lithium […]
British Lithium hosts visit from business secretary
British Lithium Ltd received a visit today from the Business Secretary to the company’s pilot plant near Roche in Cornwall. LITHIUM CARBONATE Secretary of State at the Department of Business, Energy and Industrial Strategy, Kwasi Kwarteng MP, met key members of the team and toured the plant. He also saw some of the lithium carbonate […]