Chancellor Rachel Reeves has pledged to unlock growth for Cornwall through creating up to 1,300 jobs, thanks to a £28.6 million National Wealth Fund investment to supporting the reopening of South Crofty Tin mine.
This follows the recent Industrial Strategy announcement that is set to boost growth in UK industry, as tin is a critical material used in a wide range of electronic products manufactured by the sector. It is used in solar panels, wind turbines, electric vehicles, and semi-conductors, meaning its demand is increasing as the country races towards net zero.