Tungsten West Accelerates Hemerdon Mine Restart with $85M Financing, Targets Q3 2026 Processing Launch

Published: Apr 9, 2026 13:06

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[SMM Tungsten Express] Aim-listed Tungsten West is accelerating the restart of its Hemerdon tungsten-tin mine in the UK, with Phase 1 fines gravity processing targeted for Q3 2026 and full commissioning of new crushing, screening and ore sorting facilities planned for Q1 2027. The company is advancing $85 million in debt financing and a £22.3 million equipment finance package. Current tungsten prices of ~$2,999/mtu and tin prices above $46,000/t far exceed feasibility study benchmarks ($400/mtu for tungsten, $32,500/t for tin), significantly enhancing project economics.

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