Chancellor Rachel Reeves will visit a tin mine due to re -opening with the support of the government during the visit to Cornwall.
He said First £ 28.6m National Wealth Fund Investment announced For cornish metals, which are trying to reopen the South Crafty Tin mine, can produce up to 1,300 jobs.
Chancellors will also visit other cornish businesses and are ready to plan to promote pubs, clubs, restaurants and cafes of the area by allowing more al -Fresco food and long opening hours.
The Chancellor said, “Despite such a potential to grow, Cornwall has been neglected by gradual governments, and its families and businesses have suffered losses as a result.”
Revoging of the South Crafty is expected to produce more than 300 jobs and the Treasury estimates that it can make more than 1,000 as it fuels the UK supply chains.
It will support the supply of domestic tin of the UK amidst increasing demand for increasing solar panels, wind turbines, electric vehicles, semi-sector and energy storage.
Reeves said, “Like every part of the UK, I am firm to unlock the development that produces jobs and puts more money in cornish people pockets.”
“Our investment to revive the proud tin mining industry of Cornwall and thousands of jobs for the coming years will be in a way that we are renewed to county.”
Don Turway, Chief Executive Officer of Cornish Metals said: “We welcome the Chancellor to the South Craoffty and are proud to demonstrate significant progress that we move towards production.
“The UK government’s £ 28.6 million through the National Wealth Fund is a powerful vote of faith in the future of our project and the mining industry of Cornwall.”
Chancellor is also due to ship repair business A&P Falmouth, The Harbor Lights Fish and Chip Shop Falmouth and in True to visit the heat pump manufacturer Kensa.
