Anglesey Mining Eyes Copper Kingdom Revival on Parys Mountain

Anglesey Mining Eyes Copper Kingdom Revival on Parys Mountain

A London-listed mining company is aiming to revive a historic Welsh mine, potentially becoming the UK's sole domestic source of copper for electric vehicles and renewable energy technologies. Anglesey Mining has submitted an environmental impact assessment for a new mine on Parys Mountain, seeking approval to construct shafts extending over 2,000 feet underground.

Located near Amlwch in the north of the island, the site boasts a rich history dating back to the Bronze Age. While the surface deposits were exploited for weapon and tool-making, a large copper ore discovery in the late 1760s triggered extensive mining operations. Amlwch briefly dominated the global copper market, earning the moniker "Copper Kingdom" due to the prolific yields. Today, the area is a popular walking spot, home to diverse wildlife including skylarks and meadow pipits. The unique environment features plant species adapted to the high concentrations of copper and zinc.

Anglesey Mining's CEO, Rob Marsden, described the impact assessment submission as a "very significant milestone." He highlighted the potential for the project to revive the UK's copper production capabilities, stating that "Parys Mountain is demonstrably the largest and most advanced copper/zinc/lead/silver/gold project in the UK, with a substantial resource upside." The company's share price climbed by 6% on the news, reaching almost 1p.

The North Wales Minerals and Waste Planning Service will now evaluate the environmental and social implications of the mining operation, along with its economic viability. This process will determine whether the project can secure the necessary permits to progress through investment and financing towards mineral production.

Anglesey Mining has reassured the local community of its commitment to close collaboration to protect surrounding heritage sites, historical monuments, and areas of scientific interest. The company's ambition to revive the "Copper Kingdom" could significantly bolster the UK's domestic supply chain for critical minerals, a crucial aspect of the country's transition to a low-carbon future.

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