Tungsten West to restart Hemerdon tungsten mine
2021-10-25 09:56:41 [Print]
UK-based Tungsten West Ltd. which owns Hemerdon tungsten mine has begun trading shares on the London Stock Exchange. The company plans to raise ￡39mln in initial public offering (IPO), which will be fully funded to restart production at world-class Hemerdon mine.
"The Hemerdon mine is the third largest tungsten resource in the world and will be producing strategically important materials that are vital for the manufacturing of new technology, including those that will aid the UK in its net-zero goals," said the company.
Tungsten West has previously said that full production could be possible as soon as late 2022.
"The Hemerdon mine is the third largest tungsten resource in the world and will be producing strategically important materials that are vital for the manufacturing of new technology, including those that will aid the UK in its net-zero goals," said the company.
Tungsten West has previously said that full production could be possible as soon as late 2022.
Tungsten Carbide 99.8%min 2.5-7.0μm FOB China
Unit:USD/kg
China tungsten carbide producers' sales to production ratio statistics by province by month
Unit: %
