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Written question asked by Gareth Davies (Conservative) on Friday, 29 August 2025, in the House of Commons. It was due for an answer on Tuesday, 2 September 2025. It was answered by James Murray (Labour) on Monday, 8 September 2025 on behalf of the Treasury.


Mining: Cornwall

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.

Answer

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.


Secondary information

Type
Written question
Reference
71401
Session
2024-26
Subjects
Cornwall Finance Mining Tin
Link
View this Written question on www.parliament.uk