Tungsten West signs EPCM contract for Hemerdon tungsten and tin mine in Devon
Currently the three major sources of tungsten concentrate are China, Vietnam and Russia
Company
LON:TUN
Tungsten West PLC is a mining development company focused on restarting the world class Hemerdon tungsten-tin deposit located in South Devon, UK. The company is the 100% owner of the previously producing Hemerdon Mine, which is currently the 2nd largest resource in the world.
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Currently the three major sources of tungsten concentrate are China, Vietnam and Russia
“The first half of the financial year was one in which the group continued to prepare for recommencement of mining operations, with significant progress made."
"The aggregates business will be an important secondary cash flow generating operation at Hemerdon that importantly will utilise surplus material from our mining operation, " said CEO Max Denning
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“Today marks a milestone for Tungsten West, as we move into the final stages of development of the Hemerdon mine and look ahead to restarting production,” said chief executive Max Denning