Mining: Cornwall
The question
To ask the Chancellor of the Exchequer, with reference to the HM Treasury press release entitled Chancellor pledges to unlock growth in Cornwall, published on 29 July 2025, whether the Government expects to provide additional public funding to support the reopening of the South Crofty Tin mine.
Answered by James Murray
The National Wealth Fund made a £28.6 million equity investment in the South Crofty tin mine to help de-risk the project and enable it to secure additional financing to operationalise the mine. The investment supports the continued growth and sustainability of Cornwall’s mining sector. The National Wealth Fund will continue to explore opportunities to support the South Crofty tin mine alongside private sector investment.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →