REG - Tungsten West PLC - Hemerdon designated a Strategic Project under CRMA

Tungsten WestAnnouncement

Thu 07:00

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RNS Number : 5163L  Tungsten West PLC  05 June 2025

05 June 2025

 

 

Tungsten West Plc

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

Hemerdon designated a Strategic Project under EU Critical Raw Materials Act

 

Tungsten West plc (LON:TUN), the mining company focused on restarting
production at the Hemerdon tungsten and tin mine in Devon, UK ("Hemerdon" or
the "Project"), is pleased to announce that it has been selected by the
European Commission as a Strategic Project under the European Union's ("EU")
Critical Raw Materials Act.

Jeff Court, CEO of Tungsten West, commented:

"We are delighted to have been included as a Strategic Project under the EU
Critical Raw Materials Act. This selection emphasises the potential
significance that Hemerdon holds, not only to the UK but to the wider European
market.

"The recent tightening of the tungsten market has placed increased importance
on the creation of a secure supply chain of critical materials in the EU. The
designation of Hemerdon as a Strategic Project places Tungsten West in a
strong position to provide a solution to our EU partners.

"Further, as we continue our discussions with EU-based funding sources, the
Strategic Project designation will enable us to have access to additional
potential funding opportunities within the EU."

 

Ends

 

For further information, please contact:

 

Enquiries

 Tungsten West                               Strand Hanson

 Jeff Court                                  (Nominated Adviser and Financial Adviser)

 Tel: +44 (0) 1752 278500                    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

 

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