Board Change

Tungsten West

23/09/2025 07:00

RNS Number : 3382A

Tungsten West PLC

23 September 2025

 

23 September 2025

Tungsten West Plc

("Tungsten West", the "Company" or the "Group")

 

Board Change

 

Tungsten West (LON:TUN), the mining company focused on restarting production at the Hemerdon tungsten and tin mine ("Hemerdon" or the "Project") in Devon, UK, announces that Alistair Stobie has stepped down as Chief Financial Officer of the Company ("CFO"), with immediate effect, to pursue further career opportunities. In addition, Alistair has resigned from his position as Director of the Board and all associated companies.

 

The Board has initiated a search and selection process to appoint a permanent CFO. In the interim, Phil Povey, currently Head of Commercial & Corporate Development of Tungsten West, will assume the role of interim CFO until a suitable replacement has been identified. Further announcements will be made in due course.

 

Stephen Harrison, Chairman of Tungsten West, commented:

"I would like to thank Alistair for his contribution and dedication during his time at Tungsten West. He has helped initiate funding discussions for the restart of Hemerdon and these are progressing positively with a number of parties. On behalf of the Board, I wish him all the best going forward."

 

"Whilst we conduct the search for a permanent replacement, I am pleased that Phil has stepped into the role of interim CFO. Phil's experience with the Company and Project will allow for a smooth transition during this interim period."

 

Ends

 

For further information, please contact:

 

Enquiries

Tungsten West
Jeff Court
Tel: +44 (0) 1752 278500
Strand Hanson
(Nominated Adviser and Financial Adviser)
James Spinney / James Dance / Abigail Wennington
Tel: +44 (0) 207 409 3494
BlytheRay
(Financial PR)
Tim Blythe / Megan Ray
Tel: +44(0) 20 7138 3204
Email: tungstenwest@blytheray.com
Hannam & Partners
(Broker)
Andrew Chubb / Matt Hasson / Jay Ashfield
Tel: +44 (0)20 7907 8500


 

Follow us on X @TungstenWest

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 
  END

 

 
BOALTMBTMTJTTJA