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 […]