"National Wealth Fund and TechMet Invest £35 Million in Cornish Lithium to Boost UK Critical Minerals Supply Chain"

"Slaughter and May is advising the National Wealth Fund (NWF) and TechMet Limited on their new equity investment of up to £35 million in Cornish Lithium Plc. This investment, comprising up to £31 million from NWF and £4 million from TechMet, aims to advance Cornish Lithium's projects, including the Trelavour Lithium Project and the Cross Lanes Geothermal Lithium Project. The funding reflects the investors' confidence in Cornish Lithium's progress towards producing battery-grade lithium in the UK. Additionally, Cornish Lithium is launching a fundraising round to raise up to £21.5 million from other investors."