Original Report: www.bbc.com(full story)
- The University of Exeter’s Green Economy Centre receives £4.5 million.
- Focus on lithium, tin, and tungsten, pivotal for the green economy.
- Potential for 3,000 new jobs in the region.
A significant investment exceeding £4 million aims to expedite the extraction of essential minerals in Devon and Cornwall. The Green Economy Centre at the University of Exeter is allocated £4.5 million, facilitating the mining of lithium, tin, and tungsten, as highlighted by UK Research and Innovation (UKRI).
According to UKRI, “Lithium, tin, and tungsten will play a key role in the growing green economy, particularly digital technologies and advanced manufacturing.” This funding is part of a broader £25 million initiative by UKRI to establish five new green industry centers across the UK.
The initiative is anticipated to create approximately 3,000 jobs in the region, driven by the increasing demand for these vital minerals. Frances Wall, the lead investigator for the Exeter centre, described it as a “wonderful opportunity to focus on helping our industry colleagues accelerate all the businesses in the region related to critical minerals.”
Collaboration with businesses, including Cornwall Resources Limited, Petrolab, and Geolorn, is fundamental, alongside support from local government entities.
