British Lithium recently announced that the UK government’s Sustainable Innovation Fund has awarded the company a £2.9 million ($4m) grant, which will allow it to have a full-scale lithium mine in operations in South West England within five years.
The company said it would use the funding to first build a pilot plant being developed by its Cornwall-based research arm. The facility aims to prove the sustainability and commercial benefits of British Lithium’s Li-Sep technology in the extraction of battery-grade lithium from micaceous granite.
The company first started drilling for lithium in the UK in early 2019 and began its fourth and largest drilling campaign in February 2021. It hopes to move onto full scale production of 21,000 mt/year of lithium carbonate in three to five years' time.