Tungsten Mining News in Queensland

Tungsten Mining
Tungsten Mining
TGN
Tungsten
Queensland

Watershed moment: Tungsten Mining nets $50M boost ahead of FID

Tungsten Mining (TGN) has secured $50 million in firm commitments via a share placement to fund the development of its Watershed tungsten project in Queensland. The company is advancing towards a Definitive Feasibility Study (DFS) due in October, supported by strong metallurgical results and a surging tungsten market.

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Tungsten Mining
Tungsten Mining
TGN
Queensland
Metallurgical Results

Tungsten Mining clears processing hurdle as Watershed project nears FID

Tungsten Mining has successfully produced saleable tungsten concentrate from its Watershed project in Queensland, with grades reaching up to 65.9% WO3. The metallurgical results, which include recoveries of 60-70% and low sulphur levels, support the upcoming Definitive Feasibility Study (DFS) and a targeted late-2026 Final Investment Decision (FID).

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