Tungsten West Plc (GB:TUN) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Tungsten West Plc has received the final key permit from the Environment Agency to operate its Mineral Processing Facility at the Hemerdon mine, which is central to the company’s plans to restart tungsten and tin production by 2026. The company is completing an updated Feasibility Study to optimize costs and has secured outsourcing for mining operations. This permit is a pivotal moment for Tungsten West, as it enables them to advance financing discussions and move closer to resuming operations.
For further insights into GB:TUN stock, check out TipRanks’ Stock Analysis page.