Investor Relations

A stand-out high-growth investment opportunity for primary critical minerals in the UK

Cornish Tin & Lithium is an EIS-qualifying, Knowledge-Intensive Company offering exposure to globally significant tin and lithium discoveries in one of the UK's most historic and prospective mining regions.

Discovery of the Year Award

Important — investment risk warning

This page contains information about investing in Cornish Tin & Lithium Limited, an early-stage, unlisted company. Investing is high risk. You could lose all of the money you invest; your shares would be illiquid and difficult to sell; dividends are unlikely; and the value of an investment can go down as well as up. Tax reliefs (including under the Enterprise Investment Scheme) depend on your individual circumstances and on the Company maintaining its qualifying status, and may change.

Nothing on this page is investment advice or a personal recommendation. You should not invest unless you are prepared to lose all the money you invest, and you should seek independent financial advice first. Any offer to invest will be made only through formal documentation directed at investors permitted to receive it. See our Terms of Use.

Why Invest in Cornish Tin & Lithium?

Cornish Tin & Lithium is an EIS-qualifying, Knowledge-Intensive Company offering exposure to globally significant tin and lithium potential in one of the UK's most historic and highly prospective mining regions. Our strategy is underpinned by strong global demand drivers, structural supply constraints, and the UK’s secure, well-regulated investment environment.

Globally Significant Opportunity

Exposure to high-grade tin and lithium potential within one of Europe’s most prospective and historically proven mining districts.

Critical Minerals for the Energy Transition

Tin and lithium are both designated UK Critical and Growth Minerals, with supportive policy frameworks and increasing strategic importance.

Tightening Global Supply Outlook

The tin market is expected to move into structural deficit from 2028, with production concentrated in a small number of jurisdictions.

Rapid Lithium Demand Growth

The IEA forecasts lithium demand to increase significantly by 2040, while economically viable hard-rock supply remains geographically limited.

Long-Term Price Strength

Tin prices have risen substantially over the long term (up ~740% since 2001), reflecting its importance across semiconductors, electronics, energy storage, and defence applications. Lithium prices have also now increased substantially over a sustained period.

Stable, Transparent Jurisdiction

The UK offers a secure legal and regulatory framework, strong infrastructure, and direct access to major global markets, including the EU and US.

PEER COMPARISON — EUROPEAN GRANITE-HOSTED LITHIUM

Tregonning's combined potential rivals Europe's largest defined resources

Bubble area scales with contained Li₂O (grade × tonnage). CTL (Cornish Tin & Lithium) assets shown in green; peer Mineral Resources shown in grey.

TREGONNING COMBINED

767–1,028 Mt

Estimated @ 0.32% Li₂O

TREGONNING NORTH

67–328 Mt

JORC Exploration Target

TREGONNING SOUTH

700 Mt

Estimated potential

LARGEST PEER

708 Mt

Cinovec (Mineral Resource)

Bubble chart comparing European granite-hosted lithium projects by grade and tonnage. Cornish Tin & Lithium's Tregonning assets are highlighted in green.

Project Tonnage (Mt) Grade (Li₂O %)
Tregonning combined total
CTL — estimate
767–1,0280.32
Tregonning South
CTL — estimate
7000.32
Tregonning North
CTL — JORC Exploration Target
67–3280.26–0.32
Cinovec
European Metals
708.20.42
Zinnwald
Zinnwald Lithium
226.80.46
Gunheath
Imerys
160.80.54
San Jose
Infinity Lithium
111.30.61
Emili
Imerys
116.70.90
Trelavour
Cornish Lithium
88.50.21
Lithium peer comparison data
Project Company Grade (Li₂O %) Tonnage (Mt) Classification
Tregonning combined potential totalCTL (Cornish Tin & Lithium)0.32767–1,028Estimated potential
Tregonning SouthCTL (Cornish Tin & Lithium)0.32700Estimated potential
Tregonning NorthCTL (Cornish Tin & Lithium)0.26–0.3267–328JORC Exploration Target
CinovecEuropean Metals0.42708.2Mineral Resource
ZinnwaldZinnwald Lithium0.46226.8Mineral Resource
GunheathImerys0.54160.8Mineral Resource
San JoseInfinity Lithium0.61111.3Mineral Resource
EmiliImerys0.90116.7Mineral Resource
TrelavourCornish Lithium0.2188.5Mineral Resource

Source: CTL internal estimates and publicly disclosed company filings. Tregonning North is a JORC Exploration Target reported in 2025, shown at the midpoint of the disclosed 67–328 Mt range; Tregonning South and combined total are estimated potential, shown with dashed outlines to distinguish from JORC-compliant figures. No equivalency is implied between Exploration Targets, estimates and Mineral Resources. The potential quantity and grade of an Exploration Target is conceptual in nature; there has been insufficient exploration to estimate a Mineral Resource and it is uncertain whether further exploration will result in the estimation of a Mineral Resource.

Tin Results: Key Highlights

CTL tin drilling results at Vor, showing the Goldilocks Cluster intercepts

28 potential high grade tin targets to date at Vor

Discoveries of eight new tin lodes at Vor including:

  • Goldilocks Cluster: (pictured left) nine tin intercepts in a 155.4m wide interval: peak grade 2.37% Sn plus copper: peak grade 2.91% Cu. Potential target zone approx. 3 times the size of the Vor historic workings
  • Hichens Lode: peak grade 5.63% Sn
  • Metal North Splay: peak grade 1.5% Sn
  • South Vor Footwall: 6.28% Sn

Our Story

Our CEO Sally Norcross-Webb founded the Company in 2017 and over the next 4 years assembled the necessary multiple mineral rights, with the commercial launch and successful first drill program in 2022. Now, Cornish Tin & Lithium is revitalising a historic mining region to meet the demands of a modern, low-carbon economy. From landscapes that once powered global industry, the Company is now focused on supplying the critical minerals essential for the global energy transition.

The Company is advancing the Great Wheal Vor Project in the Breage Mining District, which comprises 26 former producing tin and copper mines, alongside the Tregonning North and Tregonning South extensions (tin and lithium). Exploration has confirmed exceptionally high-grade tin mineralisation and identified a globally significant new hard rock lithium system, positioning CTL’s sites among the most important critical minerals discoveries in Europe.

CTL is run as a growth engine combining world-class tin and lithium discoveries with strategic expansion of its mineral rights control which now covers 14% of Cornwall.

With a strong commitment to sustainability, CTL’s ambition is to establish an environmentally sustainable operation producing tin and lithium responsibly. The Company aims to support the UK and Europe’s transition to clean energy while creating long-term value for Cornwall and its communities.

A Tax-Efficient Route into Strategic UK Minerals

Cornish Tin & Lithium’s EIS-qualifying Knowledge-Intensive Company status provides eligible UK investors with access to significant tax reliefs while supporting the development of secure, domestic sources of tin and lithium, materials central to the global energy transition.

  • EIS-qualifying Knowledge-Intensive Company status
  • Over £36 million of tax relief capacity still available
  • Straightforward capital structure with a single class of ordinary shares
  • Supportive and engaged shareholder base

Funding Track Record

£7.2M Raised to date: all equity, no debt
11,300 Metres drilled across 3 drilling programs
>£36M Tax reliefs still available under EIS
~94.4% Private equity (~5.6% retail equity)