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United Kingdom: National Wealth Fund commits up to GBP 35 million to Cornish Metals

Description

On 15 May 2026, the National Wealth Fund committed up to GBP 35 million (USD 47.2 million) to Cornish Metals, a UK-based mining company, as part of a shareholder loan of up to GBP 52 million provided ...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 May 2026

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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