NewsFlash / Minor Metals / UK firm secures financing to restart world's second-largest tungsten mine
UK firm secures financing to restart world's second-largest tungsten mine
iconJul 8, 2025 09:34
Source:SMM
[SMM Tungsten News] UK-based Tungsten West secures an additional £4.3 million in financing to restart the development of the world's second-largest tungsten mine. The Plymouth-based company is expected to complete debt and equity financing by the end of 2025 to restart the Hemerdon tungsten-tin mine. The mine, which had been in operation for three years before its suspension in 2018, now boasts a complete beneficiation plant and infrastructure. With the surge in demand for strategic metals, a feasibility study is expected to be released in the coming months.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news