UK to Tap Major Lithium Reserves in Cornwall
A new facility aims to reduce Britain's reliance on lithium imports by harnessing local resources.
- Britain currently imports all its lithium but plans to change that with a new production facility in Cornwall.
- The facility, located in St. Austell, is expected to produce 10,000 tons of lithium annually by 2027.
- Cornish Lithium, the company behind the project, claims Cornwall holds some of Europe's largest lithium deposits.
- The initiative is part of the UK's broader strategy to secure critical minerals and reduce dependency on foreign sources.
- Jeremy Wrathall, CEO of Cornish Lithium, estimates that local production could meet over half of the UK's lithium needs for electric vehicle manufacturing.