Elmet Group signs long-term tungsten offtake deal with Tungsten West’s Hemerdon mine
Bitget2026/09/22 20:05- The Elmet Group signed a long-term tungsten concentrate offtake agreement with Tungsten West for output from the Hemerdon mine in England.
- Planned purchases exceed 1,000 metric tonnes per year of tungsten concentrate, with both parties targeting higher volumes over time.
- Annual offtake value estimated above USD 230 million at current APT tungsten prices.
- Supply slated for conversion to APT via an allied refining network, supporting Elmet manufacturing in the US and a Germany plant.
- Hemerdon targets ramp-up to full-scale production by end of Q1 2027.
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