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The Guardian - UK
The Guardian - UK
National
Julia Kollewe

FOUND: Cornish lithium secures 53 6m to open first mine for the metal in britain - You Need To See This

The Cornish Lithium research site, where core samples have been obtained from drilling.
The Cornish Lithium research site, where core samples have been obtained from drilling. Photograph: Jim Wileman/The Guardian

The startup opening Britain’s first lithium mine in Cornwall has secured $67m (£53.6m) of investment led by the UK Infrastructure Bank, in a much-needed boost to efforts to extract the metal that is used for making vehicle batteries.

Cornish Lithium is to receive the funds from the Treasury-funded bank and other investors as part of a larger funding package of up to $210m (£168m).

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