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Cornish Metals PLC on Thursday said it has completed its re-domicile to the UK from Canada as it looks to boost its strategic position, while advancing the South Crofty project towards production. Cornish Metals, a mineral exploration and development company focused on advancing South Crofty, a tin mine located in Cornwall, England, was re-admitted to trading on London’s AIM under the ticker ’TIN’ on Thursday. The company said it believes the re-domicile helps it align better with UK government objectives on critical minerals and domestic supply chain resilience, as well as improve visibility in the region to investors and support development and financing efforts for South Crofty. It also fulfils the firm’s undertaking to the UK National Wealth Fund to de-list its shares from Canada’s TSX-V exchange and re-domicile the company to England and Wales within 12 months of its subscription. Cornish Metals had first listed its shares on AIM in February 2021. Cornish Metals said it expects a final investment decision for South Crofty in 2026. ‘Today marks a significant milestone for Cornish Metals as we begin trading as a UK-domiciled company fully aligned with our flagship project, our workforce and our stakeholders in Cornwall,’ said Chief Executive Don Turvey. ‘Re-domiciling to the UK strengthens our strategic position as we move into an important year for continuing to advance our underground development, surface project works, detailed engineering, for construction readiness and project financing.’ Shares in Cornish Metals traded flat at 79.50 pence on Thursday afternoon in London. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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