Cornwall looks set for a £50billion mining revolution after plans were revealed to make Poldark country Europe’s sole producer of lithium.
Lithium – known as ‘white petroleum’ – is used in the rapidly growing market for electric cars and rechargeable batteries in everything from mobile phones to cordless vacuums.
Most lithium is produced in South America, Australia and China but there are vast quantities locked inside its large granite stores up to 1,000 metres below the Cornish soil.
But with no European source the UK Government has earmarked lithium as a metal of strategic importance to the country and new mines could be opened or existing ones brought back into action.
Mining company Cornish Lithium wants to use new technology to extract lithium from hot spring brines in the granite deep underground in Cornwall.