British Lithium Ltd received a visit today from the Business Secretary to the company’s pilot plant near Roche in Cornwall. LITHIUM CARBONATE Secretary of State at the Department of Business, Energy and Industrial Strategy, Kwasi Kwarteng MP, met key members of the team and toured the plant. He also saw some of the lithium carbonate […]
Tag: lithium
Cornish Lithium extends exploration rights with Cornish Metals
Cornish Metals Inc said that Cornish Lithium Ltd had extended its option for a further 12 months to explore the company’s mineral rights for minerals-in-brine in Cornwall. TERMS In January 2017, the Canadian company granted Cornish Lithium an option to explore for minerals in brine and geothermal waters on its mineral rights in the county. […]
Cornish Lithium releases MRE for Trelavour hard rock
Cornish Lithium Ltd announced an initial JORC-compliant estimate for inferred resource at its Trelavour hard rock project in Cornwall. REPORT Mining Plus UK Ltd conducted the mineral resource estimate (MRE) for the project which lies in a non-operational china clay pit in St Austell. The total MRE is 1.7 million tonnes inferred resource at […]
Cornish Lithium to receive up to £18m from TechMet
Cornish Lithium Ltd is to receive up to £18 million from technology metals investment company TechMet Ltd. TERMS The investment, subject to shareholder approval, will be in two tranches raising up to £18m at a weighted average subscription price of 16.12 pence per share. Tranche one sees the South African investor subscribe for £9m new […]
Investor nominee Simon Gardner-Bond joins Cornish Lithium board
Cornish Lithium announced that Simon Gardner-Bond will join the board as nominee of South African investment company TechMet. Mr Gardner-Bond is TechMet’s chief technical officer and has a 20-year career as a geologist and mining analyst. He was senior metals and mining analyst at Investec Asset Management, helping to manage multi-billion dollar funds focused on […]
Red Rock explores possible lithium joint venture in DRC
Red Rock Resources plc said it was exploring possible co-operation with US-based third parties on copper-cobalt and a lithium joint venture in the Democratic Republic of Congo. DUE DILIGENCE Red Rock chairman Andrew Bell said that the company was conducting due diligence on some potential co-operation with a US investor in the cobalt-copper space. He […]