THE TESLA EFFECT
SUSTAINABILITY & CSR
50 an interesting one and the world ’ s eyes will be on North Yorkshire as the story of the two projects unfolds .
THE TESLA EFFECT
The shift towards electric vehicles and battery storage has benefited previously niche and marginal projects such as the Cornish Lithium project , which seems to be timed perfectly from a political , technological , and market point of view . It has long been known that there is lithium-enriched brine within the fracture networks of Cornish granite ; the geothermal potential of which was the basis of a ‘ hot dry rocks ’ Camborne School of Mines led project in the 70s and 80s and is currently the subject of interest as technological advances have raised the viability question once again . The development of battery storage technology coupled with the green move away from petrol and diesel ( new cars will be banned in the UK from 2040 ) to electric powered cars and autonomous vehicles means lithium ( along with graphite , cobalt , tin and copper ) is in high demand and presently on trend with investors .
When considered alongside the political aspects mentioned previously ,
A Healthy Project Pipeline in the UK
• The advanced West Cumbria Woodhouse Colliery , is a coking coal project which recently received planning approval for development and would be the first deep coal mine in the UK in over 30 years
• The world class Dalradian Curraghinalt gold project in Northern Ireland , is currently awaiting a decision on its own planning application
• ScotGold ’ s Cononish project in Scotland aims to be the first commercial gold miner in Scotland
• Alba Resource ’ s Clogau-St Davids gold project in Wales plans to re-open the UKs largest historic gold operation
“ The days when UK mining was seen as an old-fashioned industry from a bygone era could well be coming to an end ”
— Marco Maestri , Mining Leader for Europe , Golder
JULY 2019