Cornish Lithium

{{Short description|Mineral exploration and development company in United Kingdom}}

{{Use dmy dates|date=April 2022}}

{{Infobox company

| name = Cornish Lithium Ltd

| logo = File:Cornish Lithium logo.png

| logo_size =

| type = Private

| founder = Jeremy Wrathall

| founded = 2016

| area_served =

| key_people = Jeremy Wrathall (CEO) {{cite news |title=The high-tech Poldark digging for lithium riches in Cornwall |url=https://www.telegraph.co.uk/business/2021/06/05/high-tech-poldark-digging-lithium-riches-cornwall/ |website=The Telegraph |date=5 June 2021 |access-date=17 July 2021|last1=Millard |first1=Rachel }} {{subscription required|s}}

| industry =

| products =

| num_employees =

| location = Penryn, Cornwall{{cite web |title=In Cornwall, ruinous tin and copper mines are yielding battery-grade lithium. Here's what that means. |url=https://www.nationalgeographic.co.uk/science-and-technology/2021/05/in-cornwall-ruinous-tin-mines-are-yielding-battery-grade-lithium-heres-what-that-could-mean |website=National Geographic |date=25 May 2021 |access-date=17 July 2021}}

| homepage = {{URL|https://cornishlithium.com/}}

}}

Cornish Lithium is a mineral exploration and development company based in Cornwall, United Kingdom.{{cite web |title=Schools in Cornwall history visits helped by Cornish Lithium |url=https://www.falmouthpacket.co.uk/news/19444768.schools-cornwall-history-visits-helped-cornish-lithium/ |website=The Packet |access-date=17 July 2021}}{{cite web |title=Cornish Lithium builds test site as it moves towards production |url=https://www.business-live.co.uk/economic-development/cornish-lithium-builds-test-site-20756729 |website=Business Live |date=7 June 2021 |access-date=17 July 2021}}{{cite web |title=Mining firm hopes to extract lithium from Cornwall's hot springs |url=https://www.theguardian.com/uk-news/2017/jan/19/cornwall-mining-firm-extract-lithium |website=The Guardian |date=19 January 2017 |access-date=17 July 2021}} The company was founded by Jeremy Wrathall in 2016.{{cite news |title=The electric vehicle revolution: Cornwall tries to revive its lithium mines |url=https://www.ft.com/content/80cbf087-0f3c-432f-9576-122b52bda051 |website=Financial Times |date=6 September 2020 |access-date=17 July 2021}}{{cite web |title=The new 'gold rush' for green lithium |url=https://www.bbc.com/future/article/20201124-how-geothermal-lithium-could-revolutionise-green-energy |website=BBC Future |access-date=17 July 2021}}

Cornish Lithium is building a lithium extraction plant which is backed by the UK Government's Getting Building Fund.{{cite web |title=LEP agrees £14M investment |url=https://businesscornwall.co.uk/news-by-industry/public-sector-news-categories/2020/08/lep-agrees-14m-investment/ |website=Business Cornwall |date=4 August 2020 |access-date=17 July 2021}} 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,{{cite web |title=Cornish Lithium Releases Globally Significant Lithium Grades |url=https://cornishlithium.com/company-announcements/cornish-lithium-releases-globally-significant-lithium-grades/ |website=Cornish Lithium |date=17 September 2020 |access-date=17 July 2021}} and a flow rate of 40-60l/s.

The company also has a hard rock exploration project at Trelavour Downs near St Dennis, Cornwall.{{cite web |title=Cornish Lithium steps up production plans after £2.3m licensing deal |url=https://www.business-live.co.uk/economic-development/cornish-lithium-steps-up-production-19412457 |website=Business Live |date=7 December 2020 |access-date=17 July 2021}}{{cite web |title=Cornish Lithium |url=https://cornwalldirect.co.uk/cornish-lithium/ |website=Cornwalldirect |access-date=17 August 2022}}

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.{{cite web |title=Cornish Lithium announces 'landmark' £53.6 million investment |url=https://www.business-live.co.uk/manufacturing/cornish-lithium-announces-landmark-536-27478133 |website=Business Live |access-date=8 August 2023}}{{cite web |title=Lithium firm secures initial £53m from investors |url=https://www.bbc.co.uk/news/articles/cjezvydnrezo |website=BBC News |access-date=8 August 2023}}

References

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