Cornish Metals raises £135 million to develop South Crofty tin mine

Bitget2026/10/23 15:26

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Cornish Metals completed a £135 million fundraising on October 23, 2026, to develop its South Crofty tin project.
The financing package includes proceeds from a US$210 million Nordic Bond issued in May 2026.
Funding is now complete for construction through first tin production, targeted for mid-2028.
Glencore agreed to buy 100% of South Crofty's tin concentrate production under a six-year offtake agreement.
The fundraising drew support from existing investors Vision Blue Resources and National Wealth Fund, with Glencore and Leonidsport joining as new investors.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vision Blue Advisors UK LLP published the original content used to generate this news brief on October 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Cornish Metals raises £135 million to develop South Crofty tin mine

You may also like

Crypto prices