Metals & Minerals News

Innovate by British Lithium changes name to Lithium Innovations

Australian exploration and development company British Lithium has changed one of its companies’ names. Innovate by British Lithium Ltd was first incorporated in September 2020 as a private enterprise with limited shares. Companies House today reported that the name changed on 22 May by special resolution to Lithium Innovations Ltd. The nature of the business […]

Metals & Minerals News

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 […]

Finance Metals & Minerals News

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 […]

Equipment & Logistics Metals & Minerals News

CRL might defer drilling due to lack of drill and crews

Cornwall Resources Ltd said that a drill and crews shortage might delay its four-hole drill campaign on a previously identified tin prospect, west of the Redmoor tin-tungsten-copper project. HIGH ACTIVITY Parent company Strategic Minerals plc reported that high activity in the region by other companies had led to a lack of machinery and personnel. Cornwall […]

Finance Metals & Minerals News

Cornish Metals holds solid cash ahead of VBR investment

Cornish Metals Inc ended last year with a significant increase in cash despite nearly doubling losses at its copper-tin project in Cornwall. FINANCES The Canadian company published its annual results on the same day it announced that Sir Mick Davis‘s Vision Blue Resources Ltd will be the ‘controlling person’ with the completion of a £40 […]

Finance Metals & Minerals News

Cornish Tin raises £900,000

Cornish Tin Ltd said the entire allocation of shares for a fundraise had sold out after reaching £900,000 for its Great Wheal Vor project near Breage. Chief executive Sally Norcross-Webb added that the raise, opened at 10am today to those who had previously expressed interest, resulted in an oversubscription of more than 250%.