# Imerys acquires 80% stake in British Lithium

Imerys acquired an 80% stake in British Lithium, which has been developing a lithium extraction project in Cornwall, with inferred mineral resources of 161 million tons at 0.54% lithium oxide.

- Type: Acquisition
- Announced: 2023-07-03
- Where: Cornwall, United Kingdom
- Status: announced
- Capacity: 20,000 tons of lithium carbonate equivalent per year
- Products: lithium carbonate
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Imerys](https://endata.com/companies/12404.md) (acquirer)
- [British Lithium](https://endata.com/companies/71195.md) (target)

## Sources

- [mercomcapital.com](https://mercomcapital.com/imerys-acquires-80-stake-in-british-lithium/), 2023-07-03: "Imerys, a provider of mineral-based specialty solutions, announced the acquisition of an 80% stake in British Lithium, a developer, and operator of mineral resource projects."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.