Tungsten West Plc TUN
LSE · United Kingdom · Non-Energy Minerals
GBp 43.05-0.35 (-0.81%)
Market open· · GBp · Data may be delayed
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Market open· · GBp · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
The arrangement is estimated to have a nominal value of more than $1.87bn (£1.41bn) over the duration of the contract.
Agreement expected to expand and strengthen tungsten supply chains across the U.S., UK, and allied nations with one of the world’s largest tungsten deposits Further advances the objectives of the United States Department of War’s $450 million committed investment announced September 14, 2026 Represents more than $230 million annually in offtake at current APT tungsten prices PORTLAND, Maine, Sept. 22, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co. (NASDAQ: ELMT) (“ELMT” or the “Company”), a U.S.-b
The company is installing six TOMRA XRT sorters with OBTAIN technology after acquiring the site.
The funding includes $49.09m (£36m) in equity and up to £35m in loans for construction, commissioning and processing costs.
A century-old tungsten mine in Devon is set to restart production after receiving £71m in taxpayer funding.
The loan was provided by an entity controlled by substantial shareholder Gregory Coffey.
Key Insights Given the large stake in the stock by institutions, Tungsten West's stock price might be vulnerable to...
The processing trial forms part of a wider programme aimed at testing and optimising the mineral processing facility’s performance.
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