Electric car lithium demand powers mining revival in UK By AFP - Jul 18,2021 - Last updated at Jul 18,2021 This undated handout picture released by Cornish Lithium shows exploratory drilling for Lithium taking place at a former mine in Redruth, Cornwall. (AFP photo)
LONDON — As the global auto sector accelerates production of electric cars, one British company is hoping to cash in from mining lithium needed to make rechargeable batteries that power the vehicles. It is five years since former investment banker Jeremy Wrathall launched Cornish Lithium, a company operating in Cornwall, southwest England, which recently hosted the G-7 summit. And while it may be another four years until it begins commercial production of the metal, Wrathall is optimistic that his punt will pay dividends.