Redmoor's Critical Minerals
Redmoor's Critical Minerals
Redmoor contains valuable amounts of tin, tungsten, and copper - all are metals needed for our future
Host mineral: Cassiterite
Tin is widely used as a replacement for solder, owing to its electrical conductivity and relatively environmentally benign nature. It is also used in batteries (where it can improve electric vehicle battery performance) and chemicals.
It is considered by a number of governments, including the US, as a strategic metal, as it is essential for the production of many technology items.
Tin is included in the UK 2021 Critical Minerals List.
Host mineral: Wolframite
Tungsten is a widely used industrial metal. Common uses are as tungsten carbide on tools, and as an alloy. The majority of global production is presently from China.
'The UK and the EU are almost wholly dependent on imports of these materials.' 'Shortages of critical raw materials may affect UK businesses and adversely influence economic growth and prosperity.' (source: British Geological Survey); see also video below.
Tungsten is included in the UK 2021 Critical Minerals List.
Host mineral: Chalcopyrite
Copper is a highly thermally and electrically conductive metal, that is easily worked, making it suitable for many uses.
Global consumption of refined copper is expected to reach 29 million tonnes by 2024, driven by growth in renewable technologies including wind and solar, the surge in electric vehicles and improving investment in infrastructure development. As a result, long term demand for this already vital metal is likely to grow.
More recently, as of 2023, the U.S. Department of Energy has categorised copper as a critical material.
Redmoor - a modern Cornish mine for modern metals
Redmoor contains a combination of tin, tungsten, and copper metals. These are increasingly important to society, for industrial use and as we advance towards battery storage and electric vehicles.
Mining metals in a stable jurisdiction such as Cornwall has the potential to provide ethically sourced metals for this new economy. In particular, the relatively high metal concentrations seen at Redmoor have the potential to offer more energy efficient metal production than other projects that mine at a lower grade.
The Critical Minerals Association (CMA)
Cornwall Resources are a founding member of the CMA, which aims to provide a robust supply chain that can help Britain deliver its Industrial Strategy and meet the critical mineral needs of the economy.
