UK Infrastructure Bank has announced an equity investment of approximately £24 million to support Cornish Lithium in the development of the UK’s critical minerals supply chain. The investment, the Bank’s first equity deal, will help finance the creation of a domestic supply of lithium, which is crucial to the scaling up of battery production for electric vehicles and the development of battery energy storage – both key sectors in the UK’s transition to net zero. The Bank’s involvement facilitated matched funding by The Energy & Minerals Group (EMG), a US-based…
Read MoreUK Infrastructure Bank invests to strengthen domestic lithium supply chain and boost Cornish economy
