Mining News – Late July 2025
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Chancellor Rachel Reeves has visited a tin mine expected to reopen with government backing during a trip to Cornwall.
She said a previously announced £28.6m National Wealth Fund investment to Cornish Metals, which is seeking to reopen the South Crofty tin mine, could create up to 1,300 jobs.
Reeves said the investment at sites like South Crofty “are so vital because the critical minerals that we can extract here can support industry right across the country and reduce our reliance from imports overseas”.
