We use cookies to improve your experience on this site. By viewing our pages, you give us consent to use cookies. Find out more.

Status: Active

Oct 13th 2020 - Oct 16th 2020

Cornish Lithium (CL) is a mineral exploration company engaged in the discovery of lithium and other battery metals in Cornwall. It intends to create a 'Battery Metals Hub' in the UK through its efforts. CL has received funding to build the first European Union (EU) pilot lithium extraction plant powered by geothermal waters. It asserts that some of the world's highest grades of lithium are found in geothermal waters. The company has also secured UK Government funding for a new lithium extraction pilot plant in Cornwall. CL has drilled 41 shallow boreholes in a former china clay pit near St Austell, demonstrating the potential to extract lithium from granite. The company will use the investment to accelerate the company towards commercial production of lithium.

read more read less

Cornish Lithium Rating Review

Rated on 15/10/2020

Pitch Rated


Insufficient Data







* Section unrated owing to insufficient or incomplete information available at the time of rating.

Pitch rating powered by CROWDRATING

What the ratings mean

  • 49% and under
    We suggest potential investors carry out further study of their own
    Room for improvement
    Worth considering
    Gold rating, our highest rating
Click here for more information on our ratings
Login to view the full report

Management 77%

Skills 82%
Cornish Lithium has a highly experienced team using modern techniques to evaluate the potential for the environmentally responsible production of lithium and battery metals. The team has assembled historical and contemporary data to build an extensive understanding of the sub-surface geology and mineral ownership of Cornwall. The Founder/CEO is a mining engineer by profession and has expertise in Metals and Mining Investment Banking. He is a Fellow of the Institute of Materials, Minerals and Mining. The Chairman & Director is a legal consultant and serves as a non-executive director on several boards. He mainly focuses on cross-border financings and M&A in the mining and oil & gas sectors, including taking companies to the London Stock Exchange. Two non-executive directors support them, and one of the NED has a masters degree in mining geology from the Camborne School of Mines Louise and is currently responsible for investor relations at AIM-listed Central Asia Metals. Another NED is an experienced metallurgical engineer and resource company director. He has several international patents in his name and is the author of over 20 technical and industry review papers. The Head of Exploration has extensive knowledge of the geology of Cornwall, and he plays a leading role in the assembly of data in the company's Geographical Information System (GIS). The Senior Geologist (Business Development) has a background in grassroots exploration. Her role is to foster collaboration with other industry and academic partners to accelerate the exploration programme and test new concepts. It was noted that its chartered accountants manage the company's accounts and finance. They provide them with accountancy support with monthly management accounts and VAT returns.


Log in to comment

Funding progress

  • £5,199,999
  • 346%
    of goal


    pre-money valuation

    equity available


    pledge per investor

    company number

    company status

    incorporated 4 years

    share price

    Equity Calculator
    Previous Funding rounds
    13 Oct 20 Crowdcube £5,199,999 / 347% 52.67%
    12 Jul 19 Crowdcube £1,430,640 / 143%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

  • The Guardian
  • Financial Times
  • Yahoo! Finance
  • The Times
  • The Daily Telegraph