Cornish Metals Inc has appointed John McGloin to the board as a non-executive director. Mr McGloin currently serves as a non-executive director of Perseus Mining Ltd, and Amphi Capital Ltd, a non-executive independent director of Caledonia Mining plc, and the non-executive chairman of Oriole Resources plc, and is the former chairman and chief executive of […]
Tag: lithium
Factors shaping the UK ‘critical minerals’ strategy
FEATURE: Now that critical minerals have appeared on the world’s industrial radar, the UK must compete with bigger national geographies and immense purchasing powers to ensure its own supply. TIME AND SPEED The Government has outlined its industrial strategy to assess the country’s requirements and assets to tackle pressing issues such as mobility, green energy […]
Cornish Lithium reaches £3.8m via fundraise
Cornish Lithium Ltd has so far raised £3.8 million via crowdfunding for its projects in Cornwall. BATTERY METALS HUB Founder and chief executive officer Jeremy Wrathall said that the company was raising additional funding to create a battery metals hub for the UK. “The success of our recent exploration, and government funding for our pilot plant, […]
UDDGP geothermal lithium find is ‘globally significant’
The United Downs Deep Geothermal Power (UDDGP) project has found some of the world’s highest grades of lithium and best overall qualities from preliminary sampling in deep geothermal waters in Cornwall. Further sampling is planned before work begins on designing and building a lithium extraction pilot plant. The project, involving Cornish Lithium in collaboration with […]
Power Metal targets major finds and financial independence
Power Metal Resources announced its future strategy was to make one or more major metal discoveries and work towards financial independence. ASSETS The company, which focuses on cobalt, copper, gold, lithium, nickel and PGMs, recently raised £1 million taking its total assets to £3.04 million. Power Metal is involved in five main projects and two […]
Cornish Lithium attracts further shareholder funding
Cornish Lithium (CLi) has raised more than £826,000 from shareholders, allowing it to continue exploration for lithium at United Downs mines in central Cornwall. The company is mining for lithium in geothermal waters and in hard rock, and funds raised will add to the successful drilling programmes that concluded earlier this year. CLi plans further phases […]