Company Moves Metals & Minerals News

Weardale names ex-defence secretary as senior advisor

Weardale Lithium has appointed former Conservative Party defence secretary, Sir Michael Fallon, as a senior adviser. Sir Michael served in the Government for more than 30 years, during which time he was also minister of state for business and energy. He has also held senior advisory and chairmanship roles across infrastructure, advanced technologies, energy and […]

Finance Metals & Minerals News

Weardale Lithium secures £613,000 joint funding for geothermal brine exploration

Weardale Lithium Ltd has secured a government joint funding package of £613,000 for its geothermal brine exploration assets in Durham. SUPPLIES The money, shared with mid-stream company Tees Valley Lithium Ltd, includes a £430,000 grant from Innovate UK. Both companies are building on the memorandum of understanding signed last year to evaluate producing and refining […]

Metals & Minerals News

Northern Lithium to explore Weardale granite

Northern Lithium Ltd has secured the rights to explore and extract lithium across 185km2 from hot saline brines within the granite in Weardale, County Durham. EXTRACTION The new natural resource company, based in Wolsingham, said it had entered into definitive mineral rights agreements for lithium and other minerals in underground hot saline brines. If successful, […]