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W Resources CEO Michael Masterman updates on tungsten projects and markets

W Resources (LON:WRES) CEO Michael Masterman updates Proactive Investors on the emerging producer's flagship La Parrilla tungsten and tin project in Spain, as well as its Portuguese Régua tungsten and Tarouca tungsten and tin projects.

Demand for tungsten is being driven by strong US and Chinese consumption, whilst supply has been affected by recent mine closures.

Masterman says, "La Parrilla is very nicely timed in terms of coming into the market; being able to supply those shortfalls and also make sure that we can keep the market with long term stable supply."

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Price: 0.3 GBX

AIM:WRES
Market: AIM
Market Cap: £19.14 m
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