Large parts of the United Kingdom have potential prospectivity for ‘critical raw materials’, according to the British Geological Survey (BGS). AREAS North and southwest England, Scotland, northwest Wales and Northern Ireland are key areas “particularly worthy” of more research. The BGS identified parts of Cumbria; the North Pennine ore field; Pembrokeshire; southwest England; an area […]
Tag: critical minerals
Cornish Lithium CEO joins critical minerals committee
Cornish Lithium Ltd’s founder and chief executive has joined the UK’s first Critical Minerals Expert Committee to secure technology minerals and metals for the country. STRATEGY Jeremy Wrathall will sit alongside a number of other industry and academic experts on the committee, established by business secretary Kwasi Kwarteng. Other committee members announced include Simon Moore […]
Horizonte secures export credit agencies’ approval for Araguaia
Horizonte Minerals plc has received approval from two export credit agencies (ECAs) for US$146.2 million of the senior debt facility to help fund the construction and development of its ferronickel project in Araguaia, Brazil. TRANCHES The ECAs are EKF, Denmark’s Export Credit Agency and Finnvera plc, Finland’s Export Credit Agency. The senior debt facility comprises […]
Tungsten West appoints CFO as a director
Tungsten West Ltd has appointed chief financial officer Anthony Nigel Widdowson as a director of the company. Mr Widdowson is a chartered accountant and has 20 years’ experience at board level as a finance director. He has operated in software/Saas, property, leisure and industrial services sectors. Mr Widdowson gained his experience in international groups, family […]
Altona aims to extend over four African countries
Altona Rare Earths plc announced it intends to develop its portfolio with multiple African projects across the four countries of Mozambique, Angola, Tanzania and Uganda. The company expects to secure new rare earths projects in the second half of 2021, should they follow a strict selection process. In its current portfolio, Altona is negotiating three acquisition contracts through which it […]
Cornish Lithium mulls further fundraise
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 […]