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(6) stories found containing 'cornish lithium'


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  • TechMet headquarters out of Dublin, Ireland.

    Techmet raises $200M for tech metals

    A.J. Roan, Metal Tech News|Updated Aug 29, 2023

    Helping to spur the production of critical minerals around the world, TechMet Ltd. announced the closing of its latest $200 million in equity funding to further invigorate its incredible lineup of technology metal assets around the globe. Founded in 2017, TechMet is a capital investment firm focused on building businesses across the critical minerals value chain from mining to processing, recycling, and battery component manufacturing. In the past year, TechMet has already inv...

  • A rock pump house and smoke stack on the picturesque Cornish coast.

    A $67 million boost for Cornish Lithium

    Shane Lasley, Metal Tech News|Updated Aug 16, 2023

    Large investment aims to reinvent historic Cornwall mining region as a lithium hub to power the UK's net-zero future. In support of domestic sources of lithium that will help power the United Kingdom's green industrial revolution, the UK Infrastructure Bank led a US$67 million (53.6 million British pounds) investment in Cornish Lithium plc. "Our investment in Cornish Lithium perfectly encapsulates a key part of our mission – to drive forward new and emerging markets that t...

  • Automakers move into lithium mining space

    Shane Lasley, Data Mine North|Updated Sep 13, 2022

    General Motors, Stellantis, and Tesla moving further up battery supply chain With the batteries powering the electric vehicle revolution demanding more lithium than miners can produce, the price of this lightest metal in the universe rocketed more than 1,000% over the span of two years. This has prompted automakers such as Tesla and General Motors to become more directly involved in the mining and refining of the lithium-ion battery namesake. "Price of lithium has gone to...

  • Cornish Lithium United Kingdom TechMet rare earths Downs geothermal Cornwall

    Cornish Lithium attracts TechMet funding

    Shane Lasley, Metal Tech News|Updated Jul 12, 2022

    An up to 18-million-pound (US$24 million) investment by global critical metals firm TechMet Ltd. is allowing Cornish Lithium Ltd. to accelerate its mission to provide domestic supplies of lithium and other battery metals from its projects in the United Kingdom's historic Cornwall mining region. "Cornish Lithium has reached an inflexion point in the company's development where larger scale investment is required," said Cornish Lithium CEO Jeremy Wrathall. "This funding...

  • Cornwall china clay kaolin porcelain lithium waste byproduct Cornish Lithium

    Mining lithium from Cornwall china clay

    Shane Lasley, Metal Tech News|Updated Jul 10, 2022

    The mountains of material left behind from more than 275 years of mining kaolin, a mineral known as china clay due to its use in the fine white porcelain produced in China for thousands of years, in Cornwall could offer a new source of the lithium vital to the United Kingdom's transition to a zero-carbon economy. To investigate the potential of producing the increasingly important battery metal from the kaolin mined in the southern UK region, Cornish Lithium Ltd. is leading...

  • Cornwall United Kingdom lithium 2021 G7 summit geothermal Cornish Lithium

    Lithium revives Cornwall mining region

    Shane Lasley, Metal Tech News|Updated Jul 10, 2022

    Focused on environmentally sound production of lithium, Cornish Lithium Ltd. is testing new technologies to extract the battery metal from geothermal waters at its United Downs facility in Cornwall, a region emblematic of the storied mining history and promising future in the United Kingdom. Cornwall traces its mining roots back more than 4,000 years to mines that churned out Bronze Age tin and copper. Beginning late in the 19th century, however, the enduring and proud traditi...