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INDUSTRY FIRST

£53.6M Investment In Cornish Lithium Is A Boost For Local Sustainably Sourced Lithium

Aug 10, 2023•about 2 years ago

Amount Raised

£53.6 Million

CornwallMining

Investors

Tech MetThe Energy & Minerals GroupUk Infrastructure Bank

Description

Cornish Lithium announced a £53.6 million equity investment led by the UK Infrastructure Bank alongside The Energy & Minerals Group (EMG) and TechMet this week.

Company Information

Company

Cornish Lithium

Location

Cornwall, England, United Kingdom

About

Cornish Lithium is pioneering the clean extraction of lithium to support the UK’s transition to renewable energy and secure a domestic supply for the batteries that power smartphones, laptops, and electric vehicles. Our innovative projects focus on the environmentally responsible extraction of lithium from hard rock and geothermal waters in the historic mining district of Cornwall.

Company News

(10 articles)
Wed, 12 Mar 2025 07:00:00 GMT

Cornwall gets green light for UK's first commercial geothermal lithium facility - Falmouth Packet

Wed, 09 Aug 2023 07:00:00 GMT

Lithium mining in Cornwall gets another push - electrive.com

Tue, 12 Oct 2021 07:00:00 GMT

Cornish Lithium: enhancing sustainable exploration for lithium - Innovation News Network

Thu, 15 Jun 2023 07:00:00 GMT

Muddy Meets: Lucy Crane, Cornish Lithium - Cornwall | Muddy Stilettos

Wed, 08 Jan 2025 08:00:00 GMT

Cornish Lithium celebrates another year of positive progress - Cornwall's Rewind Radio

Thu, 15 Feb 2024 08:00:00 GMT

Cornish Lithium project to be presented to public - voicenewspapers.co.uk

Wed, 29 Jan 2025 08:00:00 GMT

A Celestial Comeback: Cornwall’s Observatory Restores Second Dome with Cornish Lithium Grant - Cornish Stuff

Wed, 16 Feb 2022 08:00:00 GMT

Developing commercial lithium production for the UK - Innovation News Network

Mon, 03 Feb 2025 08:00:00 GMT

Cornish Lithium Community Fund supports Observatory for Cornwall in Chacewater - Cornwall's Rewind Radio

Thu, 11 Mar 2021 08:00:00 GMT

Building an environmentally responsible lithium supply chain for the UK - Innovation News Network

FundzWatch™ Score

81
Medium Activity

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech