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. And 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.

KeyFacts Energy Industry Directory: Cornish Lithium