4.4 C
Belgrade
Supported byspot_img
spot_img

£50bn mines could be Europe’s sole source of lithium

Member of Europium Groupspot_img
Supported byspot_img

Cornwall looks set for a £50billion mining revolution after plans were revealed to make Poldark country Europe’s sole producer of lithium.
Lithium – known as ‘white petroleum’ – is used in the rapidly growing market for electric cars and rechargeable batteries in everything from mobile phones to cordless vacuums.
Most lithium is produced in South America, Australia and China but there are vast quantities locked inside its large granite stores up to 1,000 metres below the Cornish soil.

But with no European source the UK Government has earmarked lithium as a metal of strategic importance to the country and new mines could be opened or existing ones brought back into action.

Mining company Cornish Lithium wants to use new technology to extract lithium from hot spring brines in the granite deep underground in Cornwall.

Supported by

source: dailymail.co.uk

Supported byElevatePR Digital

Related News

Canada greenlights expansion of largest thermal coal mine, sparking environmental concerns

The Canadian federal government has approved a significant expansion of the Coalspur Mines Vista thermal coal project near Hinton, Alberta, making it the largest...

China strengthens footprint in Brazil’s mining sector with major acquisitions

Chinese companies are once again focusing on Brazil's mining sector, as shown by two significant deals that highlight their growing interest in the country's...

Australia unveils $75M investment to strengthen critical mineral supply for clean energy transition

The Australian Government has unveiled a $75 million (A$117.28 million) investment aimed at enhancing the supply of critical minerals crucial for the country's renewable...

Strengthening America’s mining workforce to combat the growing mineral crisis

The United States is grappling with a critical minerals crisis. The demand for essential minerals is rising rapidly, and the country’s increasing reliance on...
Supported by
Supported by
Supported by
error: Content is protected !!