Tungsten West secures £71m National Wealth Fund backing to restart Hemerdon

Tungsten West has agreed terms with the National Wealth Fund on an investment of up to £71 million, completing the funding package to restart its Hemerdon tungsten and tin mine in Devon. The UK Government fund will take an equity stake and provide debt financing, giving the state a direct interest in a domestic source […] The post Tungsten West secures £71m National Wealth Fund backing to restart…