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Strongbow reaches deal to explore for lithium in Cornwall
British company Cornish Lithium said yesterday it had reached a mineral rights agreement with Canada’s Strongbow Exploration to explore for lithium in Cornwall, southwest England, stoking hopes for a British mining revival. Cornwall historically was a mining hub for metals such as tin and copper and the British government is keen to resurrect the industry as it seeks to bolster the economy against the shock of leaving the European Union.
Cornish Lithium said new technology offered the potential to extract lithium from underground hot springs and to supply products to the rapidly growing battery market for electric cars and for power storage.
“We believe the potential benefits of developing a lithium industry in Cornwall will be significant for the county and for the UK as a whole,” Cornish Lithium chief executive Jeremy Wrathall, a mining engineer