Cornish tin min could reopen with Trump administration investment

The Guardian - World NewsCenter-LeftEN 2 min read 100% complete by Alex Daniel and Lisa O’CarrollFebruary 5, 2026 at 04:11 PM
Cornish tin min could reopen with Trump administration investment

AI Summary

medium article 2 min

The South Crofty tin mine in Cornwall, UK, which closed in 1998, may reopen with a potential $225 million investment from the US. Cornish Metals, the mine's owner, received a letter of funding interest from the US export credit agency due to the US considering tin a critical mineral used in electronics, electric vehicles, and solar panels. The investment is contingent on the mine supplying tin to the US, aiming to reduce reliance on China, Myanmar, and Indonesia, which currently dominate tin production. The project could create 300 jobs and received prior UK government investment. This development aligns with broader US efforts to secure critical mineral supplies, including recent agreements with the EU and Japan to diversify sources and reduce dependence on China.

Keywords

tin mining 100% critical minerals 90% investment 80% south crofty 70% supply chains 70% us administration 60% cornish metals 60% semiconductor chips 50% electric cars 40% export credit agency 40%

Sentiment Analysis

Positive
Score: 0.30

Source Transparency

Source
The Guardian - World News
Political Lean
Center-Left (-0.40)
Far LeftCenterFar Right
Classification Confidence
90%

This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).

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