Tungsten West (AIM:TUN, “TW”) has signed heads of terms for an Engineering Procurement and Construction works package with Duo Group for the New Build Crushing, Screening and Ore Sorter Facility at Hemerdon. The final contract is contingent upon completion of TW’s project financing process which TW had previously indicated would be complete around YE’25/early ‘26, allowing Hemerdon to restart operations by late 2026. We note tungsten markets have risen further in recent months, providing a stron ....
