What's Happening?
Cornish Lithium, a mining company based in Cornwall, has successfully produced lithium hydroxide monohydrate (LHM) for the first time in the UK. Utilizing a repurposed china clay quarry and patented low-carbon processing technology, the company extracted
LHM from Cornish granite. This development marks a significant milestone for Cornish Lithium and the UK, as LHM is a crucial component in lithium-ion batteries used in electric vehicles and consumer electronics. The company plans to expand its operations with a full-scale processing plant by 2029.
Why It's Important?
The production of LHM by Cornish Lithium represents a major advancement in securing a domestic supply of lithium, essential for the UK's growing electric vehicle industry. This breakthrough supports the UK's efforts to reduce reliance on foreign imports and enhance energy security. The planned expansion could create 300 jobs and inject £800 million into the UK economy, boosting local industry and innovation. The development aligns with global trends towards sustainable energy solutions and positions Cornwall as a key player in the lithium market.
What's Next?
Cornish Lithium aims to build a full-size lithium processing and refining plant with an annual capacity of up to 10,000 tonnes. The company anticipates full-scale production by 2029, which could significantly impact the UK's lithium supply chain and support the transition to renewable energy. As the project progresses, Cornish Lithium will likely engage with stakeholders, including government agencies and industry partners, to ensure successful implementation and integration into the broader energy landscape.
