Financing Secured To ‘Enable Rapid Development’ Of Norway’s First Lithium Battery Cell Gigafactory
The title of this post, is the same as that of this article on Energy Storage News.
The article says that the gigafactory’s biggest competitor will be in Sweden.
With companies in the UK, like Hyperdrive Innovation, Gore Street Energy Fund and others developing massive demand for batteries, perhaps we should build our own gigafactory?
This article on Energy Storage News is entitled More Money For Lithium Exploration In Cornwall.
This is the introductory paragraph.
Cornish Lithium has successfully raised over £826,000 from shareholders to continue exploration for lithium in Cornwall, in both geothermal waters and in hard rock, and will build on the successful drilling programmes that concluded earlier this year.
I wrote about Cornish Lithium in How To Go Mining In A Museum.
Could an unusual tale becoming to a successful conclusion?
Conclusion
I think we can trust the Cornish, Norwegians and Swedes to ensure, we have enough lithium-ion batteries.
How To Go Mining In A Museum
This article on Active Investors is entitled Government Backing Lined Up For Cornish Lithium As It Partners With Wardell Armstrong And The Natural History Museum To Advance UK Battery Capabilities.
These are the first few paragraphs.
Cornish Lithium is now moving in some pretty august circles in its quest to put the UK on the lithium map.
Lithium is essential in the manufacture of batteries for electric vehicles.
“It’s been a huge voyage of discovery,” says Jeremy Wrathall.
“An absolutely amazing journey.”
In the past year the company he created, Cornish Lithium, has been transforming rapidly from a concept conjured up from the pages of old documents hidden in half-forgotten library vaults into a well-funded exploration vehicle with 10 geologists and some serious-minded partners providing additional funding and know-how.
The article goes on to give the full story of lithium in Cornwall and how by looking at old documents in the museum’s archives, Jeremy Wrathall may have found where to mine for the valuable mineral.
Now his company; Cornish Lithium, who are partnered with Wardell Armstrong, who describe themselves on their web site as.
An Engineering, Environmental and Mining consultancy with over 180 years of international service and experience.
And the Natural History Museum, who need no introduction.
They have been backed by £500,000 from the Government’s Faraday Battery Challenge fund.
It is a must-read tale, that I hope, very much has a successful conclusion.
The Anonymous Widower 