Cornish Lithium Explained

Cornish Lithium Ltd
Type:Private
Founder:Jeremy Wrathall
Founded:2016
Key People:Jeremy Wrathall (CEO) [1]
Location:Penryn, Cornwall[2]

Cornish Lithium is a mineral exploration and development company based in Cornwall, United Kingdom.[3] [4] [5] The company was founded by Jeremy Wrathall in 2016.[6] [7]

Cornish Lithium is building a lithium extraction plant which is backed by the UK Government's Getting Building Fund.[8] The GeoCubed pilot plant will use Direct Lithium Extraction technology to recover lithium from geothermal waters at the United Downs Deep Geothermal Power Project near Redruth. The brine of the United Downs Deep Geothermal Power Project is claimed by Cornish Lithium to be valuable due to its high lithium concentration (220 mg/L), with low magnesium (<5mg/L), total dissolved solids content of <29g/L,[9] and a flow rate of 40-60l/s.[7]

The company also has a hard rock exploration project at Trelavour Downs near St Dennis, Cornwall.[10] [11]

In August 2023, the company announced a £53.6 million initial investment from institutional investors, led by the UK Infrastructure Bank alongside The Energy & Minerals Group and TechMet.[12] [13]

Notes and References

  1. News: The high-tech Poldark digging for lithium riches in Cornwall . . 5 June 2021 . 17 July 2021. Millard . Rachel .
  2. Web site: In Cornwall, ruinous tin and copper mines are yielding battery-grade lithium. Here's what that means. . . 25 May 2021 . 17 July 2021.
  3. Web site: Schools in Cornwall history visits helped by Cornish Lithium . . 17 July 2021.
  4. Web site: Cornish Lithium builds test site as it moves towards production . Business Live . 7 June 2021 . 17 July 2021.
  5. Web site: Mining firm hopes to extract lithium from Cornwall's hot springs . . 19 January 2017 . 17 July 2021.
  6. News: The electric vehicle revolution: Cornwall tries to revive its lithium mines . . 6 September 2020 . 17 July 2021.
  7. Web site: The new 'gold rush' for green lithium . BBC Future . 17 July 2021.
  8. Web site: LEP agrees £14M investment . Business Cornwall . 4 August 2020 . 17 July 2021.
  9. Web site: Cornish Lithium Releases Globally Significant Lithium Grades . Cornish Lithium . 17 September 2020 . 17 July 2021.
  10. Web site: Cornish Lithium steps up production plans after £2.3m licensing deal . Business Live . 7 December 2020 . 17 July 2021.
  11. Web site: Cornish Lithium . Cornwalldirect . 17 August 2022.
  12. Web site: Cornish Lithium announces 'landmark' £53.6 million investment . Business Live . 8 August 2023.
  13. Web site: Lithium firm secures initial £53m from investors . . 8 August 2023.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Cornish Lithium".

Except where otherwise indicated, Everything.Explained.Today is © Copyright 2009-2024, A B Cryer, All Rights Reserved. Cookie policy.