Learn more

By Guy Taylor A UK-based Lithium miner backed by a number of City figures including Crispin Odey is planning a £6m fundraising round, according to reports in the Sunday Times. Northern Lithium is aiming to drill in the Northern Pennines, which has the potential to be a source for the silvery-white metal used in the production of electric vehicles (EV). The firm, headquartered in County Durham and founded in 2017 by Panmure Liberum president Richard Morecombe, is planning to raise £6m before starting commercial production by 2027. It said a recently completed 30-day drilling test at a northeast…

cuu