US Edition'Up to 1,300 Jobs Could Be Created' with Tin Mine Reopening'
CORNWALL, ENGLAND, JUL 29 – The £28.6 million National Wealth Fund investment aims to create up to 1,300 jobs and support the UK’s domestic tin supply for clean energy technologies, officials said.
- In Redruth, discussions are ongoing about supporting the UK’s domestic tin supply, with the government considering three of ten recommendations to help the industry thrive.
- With tin critical to modern electronics, the Government’s Industrial Strategy supports clean energy growth, citing rising demand for tin in solar panels, wind turbines, EVs, and semiconductors.
- Projections show the South Crofty tin mine could create more than 300 jobs and up to 1,300 overall, supported by the Treasury’s investment.
- Reeves also toured local businesses and praised red tape cuts, enabling more outdoor dining and longer hours for Cornish pubs, clubs, restaurants, and cafes.
- Broader government analysis suggests the Government’s outlook shows that measures could fuel the economy and reduce borrowing by 28.6 million pounds while strengthening Cornwall’s domestic tin supply.
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12 Articles
The Hamilton Spectator
Cornish Metals Hosts the UK Chancellor of the Exchequer at South Crofty
VANCOUVER, British Columbia, July 29, 2025 (GLOBE NEWSWIRE) -- Cornish Metals Inc. (AIM/TSX-V: CUSN) (“Cornish Metals” or the “Company”), a mineral exploration and development company focused on advancing its wholly owned and permitted South Crofty tin project in Cornwall, United…
Evening Standard
Reeves to visit Cornish tin mine due to be revived
The Chancellor said the £28.6 million National Wealth Fund investment to Cornish Metals could create up to 1,300 jobs.
Pledge to Unlock Growth in Cornwall with £28.6m Investment
Rachel Reeves confirms that up to 1,300 jobs could be created following a £28.6 million National Wealth Fund investment to support the reopening of the South Crofty Tin mine. Investment will help cement Cornwall’s role in supplying a nationally critical material, supporting the Government’s Industrial Strategy to boost growth in priority industries as part of the Plan for Change. Proposals to cut licensing red tape announced yesterday will breat…
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