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US Invests $225M in Cornwall Tin Mining Revival

2/6/2026

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Story summary
  • The United States shifts to tin mining in Cornwall, proposing a $225 million investment at South Crofty that could create 300 jobs.
  • The South Crofty mine has been closed since 1998, remaining crucial for tin supply.
  • The move follows a summit where 11 bilateral deals on critical minerals were signed.
  • Experts say the aim is to secure AI-related supplies under an 'America first' approach.
  • Cornish Metals' shares rose nearly 7% after the news.