Cornish Metals Secures Grant Funding for South Crofty Project
Why we think this is neutral
The RNS announcement is about Cornish Metals receiving grant funding for the Bartles Foundry project at their South Crofty tin project. While this is positive news for the company, it does not fall into any of the mandatory news categories that would require a more detailed analysis. Therefore, a neutral sentiment score is appropriate.
Key Points
- Cornish Metals receives grant funding of up to £4,190,500 for the Bartles Foundry project at the South Crofty tin project
- The grant funding will support the construction of workshops, stores and offices on the Bartles Foundry site
- The project follows on from a previous study that concluded the site was suitable for development
Summary
Cornish Metals Inc. has received grant funding of up to £4,190,500 from the Cornwall and Isles of Scilly Good Growth Programme, which is managed by Cornwall Council and funded by the UK Government through the UK Shared Prosperity Fund. The grant funding will support the construction of workshops, stores and offices on the Bartles Foundry site, which is part of the South Crofty tin project. This project follows on from a previous study that concluded the site was suitable for development.