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Informative article, reads positive leading upto the sprint uk gov critical minerals strategy update https://www.gov.uk/government/publications/uk-critical-minerals-midstream-and-recycling-capability-report coupled with government intentions https://www.labourtogether.uk/all-reports/refining-the-uks-critical-minerals-strategy

all feels positive, let's hope this comes together :)

Related news which hopefully encourage investors / help with this funding round

https://oxfordsigma.com/updates/news/oxford-sigma-awarded-two-ukaea-fusion-plasma-diagnostics-contracts-enhanced-mirrors-and-ai-accelerated-erosion-sensors/ Oxford Sigma are in partnership with tungsten west "Oxford Sigma is thrilled to announce that the UK Atomic Energy Authority (UKAEA), through the Fusion Industry Programme (FIP) challenge scheme (Cycle 5 Phase 1), has funded two projects aimed at developing cutting-edge proof-of-concept studies for robust plasma diagnostic devices for fusion power plants" AND we should soon get the updated UK critical minerals strategy https://www.spglobal.com/commodity-insights/en/news-research/latest-news/metals/120324-uk-government-to-publish-new-critical-minerals-strategy-in-2025

:) chatgpt response to worth of Hemerdon mine $4.79 billion - "As of March 25, 2025, the price of Ammonium Paratungstate (APT), a primary raw material for tungsten, was approximately $337.50 per metric ton unit (MTU) of tungsten trioxide (WO₃) . One MTU equals 10 kilograms, so this price translates to $33,750 per metric ton of WO₃.​

almonty.com

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Statista

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Given that the Hemerdon Mine contains approximately 141,680 metric tons of WO₃, the total value of this WO₃ is estimated to be around $4.79 billion. Since tungsten constitutes about 80% of the mass of WO₃, this equates to approximately 113,344 metric tons of elemental tungsten."

Hi worth listening to this 47 mins in https://www.youtube.com/watch?v=Rv2tsl_9kJM

In Summary: Lewis Black founder of Almonty 47 min in, deep dive into tungsten - this guy lives for tungsten, "little left of it in west", "tungsten is in everything (most industries)", the forgotten critical mineral - "now in unchartered territory", China now restricted supply chain, meaning "NO china exports until permits are done". "Cannot substitute it", china supply chain is now uncertain, China possibiolity to soon restrict tungsten scrap. "US Stockpiles of tungsten from cold war has now gone - 2 years ago". No Stockpiles in EU, some in Japan, China and Korea".

1970's was 100 tungsten mines globally, since china - late 90s result in 2 mines left globally - over reliance on China - adicts to China fast food.

He sold tungsten mine in portugal for 21x earnings quite a many years ago - demand at time very differnt to now/future

other researcg - just US building of Fusion reactors alone will consume 100% of all current tungsten..

interesting - 1950's 60's was worth more than gold, national security asset during cold war

US, EU and India are the processing centres for Tungsten, is inert hence west is happy to process locally not like cobalt where hapy to offshore to china.

Problem in west is lack of raw materials

Current supply of raw materials is simply not enough to provide for global demand of tungsten

From what i can see TUN has started to get more attention, is getting regular positive coverage on a few bulletin boards/daily updates for the investing community

Hi Gingy honest no need to apologise, all in same boat and want same thing :) , so much value potential - they got a mention on this daily update see 10:45 mins in https://www.share-talk.com/traders-cafe-with-zak-mir-bulletin-board-heroes-wednesday-12th-march-2025/ guess more eyes watching can only be good for us all

Hi Gingy, i posted the linked in posts the morning of the spike in good faith keeping group informed, think it just shows everyone's eagerness/understanding re the potential. Here's hoping future formal announcements re funding to production is more profound and lasting . IN part I wish I had sold at the spike last week and reinvested but didn't - am in it for long run as everything points to high value if they can execute and not get derailed.

A new recruit in the finance team, and positive messaging re what's next updates on LinkedIn.. "Stay tuned for some amazing updates on what’s coming next – we can’t wait to share our progress with you! " https://www.linkedin.com/company/tungsten-west-limited/posts/?feedView=all

Maybe a good sign of plans to come https://www.lse.co.uk/rns/AYM/anglesey-mining-plc-and-rheenergise-partner-to-explore-underground-energy-storage-at-parys-mountain-mine-through-the-rehabilitation-of-the-existing-300m-deep-morris-shaft-06wxexj17b5r1s3.html Anglesey Mining and RheEnergise are pleased to announce the signing of a memorandum of understanding (MOU) to explore the potential deployment of RheEnergise's innovative High-Density Hydro® (HD Hydro) energy storage technology at the Parys Mountain mine site.

You all likely know this but hopefully will grease the wheels of investment and drive urgency / improved timeline https://www.reuters.com/world/china/china-expands-critical-mineral-export-controls-after-us-imposes-tariffs-2025-02-04/

News on Laytons ETL’s Equity Capital Markets team advised AIM-quoted Tungsten West Plc "additional tranche G to its existing 2023 Convertible Loan Notes" https://www.laytons.com/news/laytons-etls-capital-markets-team-advises-tungsten-west-plc-on-fundraising-5tfjz

Hopefully steps in right direction and see some significant movement this year..

Suspect all of you have seen but just in case https://www.londonstockexchange.com/news-article/TUN/convertible-loan-note-update/16849968

Useful global movement to change supply chain https://www.reuters.com/markets/commodities/apple-says-it-has-told-suppliers-stop-buying-minerals-congo-2024-12-17/

@croissant I think it's number 10 now, country needs to get bull by the horns and make sxxx happen

Hopefully raises some attention and support https://www.bbc.co.uk/news/articles/cx2n2rj2p0do

Https://www.cnbc.com/2024/11/29/tungsten-mine-opens-in-korea-as-us-seeks-non-china-critical-minerals.html

Maybe will create some attention https://www.bbc.co.uk/news/articles/cdrjn0r7l3eo#:~:text=More%20than%20%C2%A34m%20is,Research%20and%20Innovation%20(UKRI).