Cornish Lithium and HELM AG through its subsidiary LevertonHELM Limited enter a new partnership to further develop the lithium supply chain in Europe. The parties have signed a Memorandum of Understanding, agreeing to jointly work together to produce battery-grade lithium compounds from Cornish geothermal brines.
Cornish Lithium, as the pioneering mineral exploration and development company from Cornwall, and LevertonHELM, UK-based producer of speciality lithium chemicals, will join forces to advance the production of battery-grade lithium compound. Furthermore, Cornish Lithium will closely work with HELM regarding the sourcing of reagents, both for its Trelavour Hard Rock Project and its geothermal projects, as well as possible off-take arrangements for some of the by-products Cornish Lithium expects to produce in the upcoming years.
With the collective expertise of all three partners, the MoU marks a milestone for the European renewable energy sector that will establish a robust, local, circular supply chain for battery-grade Lithium products.
“For many years, we have been discussing the potential for processing lithium compounds with LevertonHELM. Today we are very excited to enter a new partnership with them and its parent company HELM. The combination of their longstanding experience in the lithium sector paired with their expansion plans for the next year leads us to a successful collaboration. As partners we can secure a domestic supply of lithium to support the development of the UK’s battery sector, which will maintain the competitiveness of automotive manufacturing in the UK,“ says Jeremy Wrathall, Founder, Chairman and CEO of Cornish Lithium.
“The partnership with Cornish Lithium perfectly fits HELM’s ambition to strengthen its presence and participation in a sustainable and local European lithium-ion battery supply chain. The development of UK resources will contribute to support the country’s energy transition and aim for lowering the carbon footprint”, adds Stephen Elgueta Wallis, Vice President Energy Materials at HELM.
About Cornish Lithium
Cornish Lithium is a pioneering mineral exploration and development company supporting the UK’s Green Revolution and the transition to renewable energy by building a secure domestic supply of lithium for electric vehicles and power storage batteries.
Cornish Lithium is using highly innovative and sustainable processes to extract lithium from both geothermal waters and hard rock in the historic mining district of Cornwall, UK. Cornish Lithium aims to provide the foundation for a modern-day renaissance of Cornwall’s 4,000-year mining heritage by extracting metals that are needed for modern technologies such as electric vehicles and renewable energy.
Media contact
National and trade media: cornishlithium@wildcard.co.uk
Regional South West media: curlew@hotmail.co.uk
About HELM AG
HELM is a Hamburg, Germany, based family-owned company established in 1900. With up to 100 subsidiaries and participations in more than 30 countries, HELM is one of the largest independent chemical companies worldwide. HELM is committed to providing solutions that help its partners to tackle the reduction of CO2 emissions and the loss of biodiversity. Through its global presence, the company also strives to create positive impact in local societies around the world. HELM’s partnerships in Lithium, bio-based BDO, and digital tools supporting efficient agriculture are recent examples which support that goal. HELM is active in the chemicals and energy materials industry as well as agriculture and pharmaceuticals.
HELM AG
Media contact
Lina Ebel
Lina.ebel@helmag.com
(+49) 2375 1853
