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Economic Development

Cornwall Council sells off land to tin mining company reviving South Crofty

Cornish Metals said the acquisition had increased its land ownership to more than 32 acres

Aerial view of South Crofty's existing surface land and the property acquired(Image: Cornish Metals)

A company working to revive a historic Cornish tin mine has increased its land ownership after buying up a 4.5-acre plot from Cornwall Council.

Cornish Metals said the acquisition had increased the total land area at South Crofty to around 32.5 acres.

The plot is immediately next to existing surface land owned by the Canadian-headquartered company and provides direct access to the main road at Dundance Lane from where a new entrance to the mine site is planned and a new mine office, stores and workshop will be based.

AIM-listed Cornish Metals is working to bring the Pool-based mine, near Redruth, back into working order after 27 years.

South Crofty is a high-grade underground tin mine that has existing mine infrastructure including multiple shafts that can be used for future operations.

If South Crofty is brought back into use, it will be the only primary producer of tin in Europe or North America, according to Cornish Metals.

Tin is a critical mineral as defined by the 海角视频, US and Canadian governments as it is used in almost all electronic devices and electrical infrastructure. Approximately two-thirds of the tin mined today comes from China, Myanmar and Indonesia.

Last month, Cornish Metals said its operating expenses had doubled over the last year, despite securing major funding, including from the British government.