25th Mar 2024 14:38
(Alliance News) - Tungsten West PLC on Monday commenced a public consultation as part of the process to receive a mineral processing facility permit for its Hemerdon asset.
The London-based miner hopes to restart production at its Hemerdon tungsten and tin mine in Devon, UK.
The consultation will last six weeks and will be the final step before approval can be granted by the UK Environment Agency.
Tungsten West Chief Executive Officer Neil Gawthorpe said: "The receipt and acceptance of the draft permit for the MPF has been a positive milestone for the company. It represents a significant step in securing the further funding required for the project, and delivering our key objective of recommencing operations at the Hemerdon mine and providing an ethical and sustainable domestic supply of critical minerals."
Shares in Tungsten West were up 7.7% to 1.40 pence in London on Monday afternoon.
By Elijah Dale, Alliance News reporter
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