Geothermal Engineering to Open New Lithium Mine in Cornwall

Significant investment and government support drive new lithium mine project.

Geothermal Engineering Limited has announced a substantial investment of approximately forty-three million pounds to establish a new lithium mine in Cornwall. This initiative is receiving significant backing, with nearly ten million pounds coming from the government's DRIVE35 fund. The project aims to bolster the UK's domestic supply of lithium, a key element in battery production, supporting the country’s push towards renewable energy and electric vehicles.