Following a significant lithium discovery in Cornwall, British Lithium is developing a sustainable quarry & integrated processing facility to produce +20ktpa of battery grade lithium carbonate.
This is enough to power 350,000 electric vehicles.
A world-class technical and management team bringing together a great depth of expertise and knowledge in grassroots exploration, resource evaluation, metallurgical testwork, process design, feasibility studies, permitting, environmental and social impact assessment, mine project financing, construction and operation.
The Team has collectively discovered, evaluated, financed, built and managed more than 7 mines. This provides British Lithium with a unique skillset enabling it to help its portfolio companies to maximise value for all their stakeholders.
British Lithium's Lithium project
Following two years of metallurgical process research & development, and extensive ground mapping, in Q2 2019 British Lithium successfully completed its maiden Cornwall lithium drilling programme. 6 Reverse Circulation holes were drilled with a maximum depth of 201.5m. Hole 1 on 30 April 2019 was the first Lithium exploration hole ever drilled in the United Kingdom. Broad intercepts of potentially economic Cornish lithium micas were found.
Our goal is to build an integrated lithium mine, beneficiation plant and refinery to produce 20,000 tpa of Cornish lithium hydroxide - enough to support production in UK of 350,000 EVs per year, giving UK a strategic advantage over Europe (which produces no lithium).
Over the years the founding partners of British Lithium have worked on successfully implementing resource projects. We don't just "Pump and Dump", we research, design, build and operate.
Recently, Cominco merged with Kropz and maintaining the title Kropz, the group (AIM:KRPZ) raised £27.3 million (US$35 million) upon listing on the London Stock Exchange's junior market.
British Lithium was founded to discover, evaluate, develop and operate mineral resource projects. With its strong leadership, British Lithium has access to capital and depth of talented consultants and in-house expertise. We have led exploration, extensive metallurgical testwork programmes and feasibility studies alone costing over $200 million, and projects with development capital of over $1 billion.
As mine operators, we understand the critical importance of a strong owner’s team responsible for evaluation and planning. This runs from exploration data management, metallurgical testwork through to piloting, process development and design, to construction supervision; with stakeholders engaged at every stage. We are interested in lithium, cobalt, nickel, manganese, graphite, bromine, zinc and vanadium.
British Lithium holds exploration rights over much of Cornwall and Devon’s most prospective ground including former clay mining areas. We are putting this to good use by drilling the UK’s first lithium exploration hole, discovering broad intercepts of Cornish lithium mica.