Metals & Minerals News

Weardale Lithium files extraction plant application

Weardale Lithium Ltd has submitted an application for the phased construction of a lithium extraction plant in the village of Eastgate in Weardale, County Durham. ASSESSMENTS Proposed to be on the brownfield, former cement works near the market town of Stanhope, the plant will process geothermal groundwater from “existing deep, high specification production wells nearby”. […]

Finance Metals & Minerals News

Weardale Lithium secures £613,000 joint funding for geothermal brine exploration

Weardale Lithium Ltd has secured a government joint funding package of £613,000 for its geothermal brine exploration assets in Durham. SUPPLIES The money, shared with mid-stream company Tees Valley Lithium Ltd, includes a £430,000 grant from Innovate UK. Both companies are building on the memorandum of understanding signed last year to evaluate producing and refining […]

Finance Metals & Minerals News

Weardale signs MoU to supply battery chain hub

Weardale Lithium Ltd has signed a memorandum of understanding (MoU) to supply a battery chain hub in the North East of England. PARTNERSHIP The County Durham-based company is developing a potential domestic resource of sustainable “green” lithium from naturally occurring geothermal brines. The MoU is with Tees Valley Lithium Ltd (TVL) for refining lithium at Wilton […]