Cornish Lithium plc said that its Trelavour hard rock development could bypass separate approvals processes after the Government deemed it a nationally significant infrastructure project. CONFIDENCE Secretary of state for housing, communities and local government, Angela Rayner, issued the direction, citing the likely “significant economic impact” of the development in “driving growth, nationally and regionally”. […]
Tag: Trelavour – St Austell – Cornwall
Cornish Lithium finishes 13,000m drilling for revised MRE
Cornish Lithium plc completed more than 13,000 metres of resource evaluation drilling at the end of September at its Trelavour hard rock project. DEMONSTRATION PLANT The company is in the final stages of appointing consultants to produce a revised mineral resource estimate which will feed a feasibility study expected in early 2024. A tender process […]
Cornish Lithium raises £5.1m via crowdfunding
Cornish Lithium plc has raised £5.1 million via crowdfunding for its projects in Cornwall. Funds will advance its Trelavour hard rock project and complete the engineering design work for a demonstration-scale geothermal waters extraction facility.
Cornish Lithium raises £3m to date via crowdfunding
Cornish Lithium plc had this morning raised £3 million from existing shareholders in its latest crowdfunding campaign of up to £6.9m. The fundraise was today extended to the public. Money received will go towards the hard rock Trelavour project and the engineering design work to build a demonstration-scale geothermal waters extraction facility.
Cornish Lithium receives £53.6m private-public funds
Cornish Lithium plc will receive £53.6 million of private and public funding, with up to a further £168m, for its lithium in hard rock and geothermal waters projects in Cornwall. TRELAVOUR The money will come from the UK Infrastructure Bank (UKIB), The Energy & Minerals Group (EMG) and the company’s current largest investor TechMet. Founded […]
Cornish Lithium progresses revised Trelavour resource
Cornish Lithium has progressed work in preparation for a resource definition for its Trelavour hard rock project in Cornwall. FEASIBILITY STUDY The project is at the former kaolin pit near St Austell where lithium is present in mica minerals within the granite. The stability of the pit walls to reduce the risk of land slips […]