National Wealth Fund invests £28.6m to reopen Cornish tin mine

Stuart Stone
clock • 4 min read
South Crofty tin mine in Pool Camborne, Cornwall - Credit: iStock
Image:

South Crofty tin mine in Pool Camborne, Cornwall - Credit: iStock

Fresh funding aims to boost supply of tin for booming global clean tech industry

The National Wealth Fund (NWF) has announced a £28.6m direct equity investment in Cornish Metals to help finance the re-opening of Cornwall's South Crofty tin mine, paving the way for an increase in the...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Stuart Stone
Author spotlight

Stuart Stone

View profile
More from Stuart Stone

Global Briefing: Tesla to invest $250m in Berlin gigafactory

'Vital step forward': Government pledges to triple food waste redistribution

More on Supply chain

Cornish Metals secures £52m loan to help reopen tin mine
Supply chain

Cornish Metals secures £52m loan to help reopen tin mine

National Wealth Fund to provide further £35m on top of previous strategic multi-million-pound investment in support of critical minerals project

Michael Holder
Michael Holder
clock 15 May 2026 • 2 min read
PepsiCo backs green hydrogen-based fertiliser plans
Supply chain

PepsiCo backs green hydrogen-based fertiliser plans

New collaboration with Fertiberia builds on successful trial in Spain and Portugal where corn farming emissions were cut by up to 20 per cent

Amber Rolt
clock 07 May 2026 • 3 min read
ArcelorMittal accused of backsliding on 2030 emissions goals
Supply chain

ArcelorMittal accused of backsliding on 2030 emissions goals

Global steelmaking giant dilutes its emissions-intensity target for 2030, blaming 'concerns around competitiveness, reindustrialisation, inflation, and energy security'

Michael Holder
Michael Holder
clock 05 May 2026 • 5 min read