What's Happening?
Cornish Metals is progressing towards tin production at the South Crofty Tin Project in Cornwall, UK. The company has completed the refurbishment of the New Cook's Kitchen shaft mid-shaft pump station
and is targeting first tin production by mid-2028. CEO Don Turvey emphasizes the importance of disciplined execution as multiple workstreams advance in parallel. The project is supported by a tight tin market, growing demand for technology applications, and lagging supply. Cornish Metals plans to begin a surface exploration drilling program next month to expand mineral resources.
Why It's Important?
The advancement of the South Crofty Tin Project is significant for the tin industry, as it addresses the growing demand for tin in technology applications. The project's progress could contribute to stabilizing tin supply, which is crucial given the current market conditions. For Cornish Metals, successful production at South Crofty could enhance its position in the mining sector and provide economic benefits to the region. The project's development also highlights the importance of sustainable and secure mining practices in meeting global resource needs.
