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Market Impact: 0.45
Tungsten West Soars as UK Backs Restart of Historic Mine
Source: Bloomberg
Energy Markets & PricesCommodities & Raw MaterialsCompany FundamentalsFiscal Policy & Budget
Tungsten West Plc shares jumped after winning up to £71 million ($97 million) in UK government investment to restart a historic tin and tungsten mine in southwest England. The funding supports the project’s restart and is a clear positive catalyst for company execution and near-term financing outlook.
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