Cornish Metals CEO & Director Don Tavy Interview | Nordic Funds & Mines 2025

Описание: In this interview at Nordic Funds & Mines 2024, Don Tavy, CEO & Director of Cornish Metals Inc.(LSE:TIN), discusses the company’s strategy to restart primary tin production in Cornwall, UK, through the redevelopment of the historic South Crofty mine.

Tavy outlines Cornish Metals’ position as the highest-grade undeveloped tin project globally, highlighting the strategic importance of tin as a critical mineral for clean energy and electronics.

The discussion covers strong UK government support, recent economic updates, capital management, and the long-term exploration upside beneath the existing mine infrastructure. Cornish Metals’ focus on disciplined project execution and near-term development milestones positions the company as a potential cornerstone tin producer in Europe and North America.

Key Highlights

• South Crofty Restart: Cornish Metals is advancing the redevelopment of the historic South Crofty mine, a brownfields asset closed in 1998, significantly reducing development risk.
• Critical Minerals Exposure: The company is positioned to become the first primary tin producer in Europe and North America, supporting clean energy and electrification supply chains.
• Strong Government Support: Backed by the UK National Wealth Fund, Vision Blue, and local government grants, demonstrating national and regional strategic importance.
• Robust Project Economics: Updated preliminary assessment highlights attractive margins, low operating costs, and strong NPV and IRR metrics at current tin prices.
• Capital Discipline: Current funding supports dewatering, refurbishment, early development, and long-lead item procurement through early 2025.
• Exploration Upside: Significant potential to extend mine life beyond current resource estimates, supported by historical production data and exploration targets.

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