“This funding signals Vision Blue’s continued support for Cornish Metals and our plans to bring tin mining back to Cornwall through the restart of South Crofty, “ chief executive officer Don Turvey said. “We plan to generate value by unlocking the project’s potential as a long-term supplier of tin needed for electrical applications in the UK and Europe.”
Now part of the UK’s critical metals list, tin is experiencing a revival. Cornish Metals has spent the last eight years working on reopening the past-producing South Crofty tin mine. The operation was shut in 1998, following more than 400 years of almost continuous production.
South Crofty was the last tin mine in Europe when it closed. Several companies attempted to revive the flooded mines between 2001 and 2013, but due to persistent poor market conditions, the assets were put into administration in 2013.
The new South Crofty is expected to produce 49,310 tonnes…
