We initiate today on Tungsten West which is being funded to bring back a major tungsten mine at Hemerdon in the UK into production. This formerly operating tungsten (tin) mine closed, in part, due to a low tungsten price. All that has changed with the tungsten price now an order of magnitude higher with the APT price in excess of $3,000/mtu. The control of the tungsten market by China and the lack of a serious production pipeline in the rest of the world has been a cause for concern. Tungsten We ....
