Monday, August 14, 2017

United Kingdom: Project to Explore for Lithium from Geothermal Brine

Lithium start-up finds backers for Cornish project (Express Newsline)

Cornish Lithium is focused on exploring for lithium from geothermal brine resources that naturally occur beneath the surface in and around Cornish granites, with the aim to create a new mining industry in the region.

Privately-owned Cornish Lithium has been able to raise £1 million (US$1.3 million) to push forward with a rather unique project exploring for lithium bearing hot spring brines underground in the southwest of England.

Incoming shareholder Liddell said:"Given the extensive historic readings of lithium in geothermal brines as well as the recent advances in technology, we see a real potential for lithium production in Cornwall".

If successful in extracting lithium from hot spring brines in granite, it would make the county the United Kingdom and Europe's only major source of the valuable metal. "We hope to be the domestic source of lithium for the United Kingdom".

Jeremy Wrathall, CEO of Cornish Lithium, a mining engineer who graduated from Camborne School of Mines in Cornwall, said Cornish Lithium also has synergies with a hoped-for mining revival in Cornwall and with development of geothermal energy, which could be used in processing.