Cornish Metals says UK govt investment is “powerful vote of confidence”
Published: 03:44 30 Jul 2025 EDT
Cornish Metals Inc (AIM:CUSN, TSX-V:CUSN, OTC:SBWFF) this week hosted the UK Chancellor of the Exchequer Rachel Reeves at its South Crofty tin project.
The visit, on Tuesday, followed the UK Government’s £28.6 million investment earlier in the year via the National Wealth Fund.
The Chancellor toured the site’s water treatment plant, winder house, and travelled underground through the New Cook’s Kitchen shaft cage.
“We are honoured to have welcomed the Chancellor to South Crofty, where we showcased the significant progress we're making as we move toward production,” chief executive Don Turvey commented.
“The UK Government's £28.6 million investment via the National Wealth Fund is a
Turvey called the investment “a powerful vote of confidence”.
He, meanwhile, highlighted tin’s role in the clean energy transition and said the project would create over 300 direct jobs and support regional businesses.
