Northern Lithium is set to raise £6 million following a successful lithium extraction test in the North East. The company completed a 30-day lithium brine pump testing program, yielding results that exceeded expectations. This success allows Northern Lithium to advance its plans for commercialisation. The testing marks a significant milestone for the UK’s lithium sector, demonstrating the feasibility of their brine extraction methods.

Lithium Extraction and Future Plans

Northern Lithium, based in Wolsingham, County Durham, aims to leverage water from the North Pennines to produce lithium carbonate for batteries. The ongoing funding initiative targets both high net worth individuals and smaller investors via a Crowdcube campaign. Industry forecasts indicate the UK will require up to 80,000 tonnes of Lithium Carbonate Equivalent annually by 2030, mainly sourced from outside Europe.

Key Developments in Battery-Grade Lithium Production

The company’s rights span 60,000 acres in the North Pennine Orefield with exclusive access for 45 years. Julian Hetherington of the Advanced Propulsion Centre UK acknowledges the project’s potential to meet the UK’s lithium demands, integral for green growth and self-sufficiency. Northern Lithium has outlined a path to achieve initial production by 2027, scaling up to over 10,000 tonnes annually within the next decade.

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