【SMM Flash News】Cornish Tin Exceeds Funding Target to Accelerate UK Tin and Lithium Projects

Published: Mar 31, 2026 19:35

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Cornish Tin Limited has closed its latest funding round at over £2.2 million, surpassing its initial target with a pre-money valuation of £29 million. Proceeds will fast-track exploration at the high-grade Great Wheal Vor and Tregonning South projects in Cornwall. With global tin prices recently hitting highs above $50,000/t and rising lithium demand for EVs, the company aims to secure a critical domestic supply chain for the UK and European technology and renewable energy sectors.

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