The British mining industry has recovered and is once again looking for minerals in its backyard

Industrial extraction of new energy vehicles and power battery materials is often considered a developing country, not a place like the United Kingdom. But growing tensions between the US and China, currently the world's largest producers of these minerals, political instability, shortages of materials and high demand for electric vehicles have led Britain to look again for minerals in its backyard.

The British Isles has a long and rich mining history, starting in the Bronze Age and continuing through the Roman invasion to modern times. For example, tin mining is a major industry in Cornwall in southwest England, but when metal prices collapsed in the 1990s, the industry was not favored. Despite this, with the increase in demand for electric vehicles, tin prices have soared, and geopolitical instability has made Cornwall's century-old tin mines once again an attractive proposition. Not only that, it is reported that the first newspecial imaging technology discovered a very valuable lithium deposit near the Cornish tin mine, making it more attractive to industry.

Interestingly, the UK mining union does not enter the country's soil, and these companies prefer to work on a larger scale to reduce overall costs and mitigate the risks posed by small projects. Among the six or so companies surveyed in Cornwall are Australia's New Age Exploration Company and Canada's Longbow Exploration Company, both of which are famous mining companies.

The rise in tin ore prices and the evidence of the existence of lithium mines mean that the South Crofittin mine will be reopened in the near future, thanks to the investment of foreign mining companies. Currently, Strongbow is raising $110 million to start work on the South Crope Mine in Cornwall. Given that the mine has been dormant for decades, a lot of preparatory work is required before actual mining begins in 2021, especially the large amount of accumulated water that has been accumulated over the years.

South Crofty, developed by Longbow, was closed in 1998 after nearly four centuries of continuous operations. When the tin price dropped to $5,000 per ton, the global annual demand was about 200,000 tons. Now, prices have more than quadrupled, and demand has increased to 350,000 tons, mainly for non-toxic electronic solders and lithium-ion batteries.

The page contains the contents of the machine translation.