Cornish Lithium exceeds £1mn crowdfunding target for Cornwall project in the UK | Cornish Lithium Ltd
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Cornish Lithium exceeds £1mn crowdfunding target for Cornwall project in the UK

Cornish Lithium, a British mining company that used crowdfunding to raise funds for its lithium project in south-west England, has successfully met its £1mn target less than two weeks after launching its campaign.

Cornish Lithium has now raised £1.12mn from 786 investors. Cornish Lithium is exploring the opportunity to create a new, environmentally-responsible, UK-based lithium extraction industry and has acquired exploration rights for lithium and other ‘battery metals’ across a large area of Cornwall. Investment will take the Company to the next exploration stage.

Cornish Lithium CEO Jeremy Wrathall has commented: “We strongly believe in the potential of lithium extraction in the county and look forward to welcoming new, as well as seasoned, investors to join us on the exciting journey ahead.

“The potential to develop a new industry in Cornwall, focused on metals which will be key to a low-carbon future, could be of huge importance for the future of British industry.”

Read original article here.