Tungsten West develops and operates tungsten assets in the UK, with Hemerdon in Devon a key asset; recent activity centers on securing funding for Hemerdon and the broader drive to revive critical metal supply.
The Hemerdon tungsten and tin mine in Devon has secured up to £71 million from the National Wealth Fund to restart operations. The government will ringfence 50% of production for domestic use. The investment comprises equity and debt, with aims to ramp to full production by 2027 and support hundreds of UK jobs.