Cornish Metals raises £135 million to develop South Crofty tin mine

• Cornish Metals completed a £135 million fundraising on October 23, 2026, to develop its South Crofty tin project.
• The financing package includes proceeds from a US$210 million Nordic Bond issued in May 2026.
• Funding is now complete for construction through first tin production, targeted for mid-2028.
• Glencore agreed to buy 100% of South Crofty's tin concentrate production under a six-year offtake agreement.
• The fundraising drew support from existing investors Vision Blue Resources and National Wealth Fund, with Glencore and Leonidsport joining as new investors.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vision Blue Advisors UK LLP published the original content used to generate this news brief on October 23, 2026, and is solely responsible for the information contained therein.