👀 Copy Legendary Investors' Portfolios in One ClickCopy For Free

Tungsten West names new chairman to lead mine project

Published 04/12/2024, 07:06
TUNT
-

LONDON - Tungsten West (LON:TUNT) (LON:TUN), the mining company aiming to restart operations at the Hemerdon tungsten and tin mine in Devon, UK, has appointed Stephen Harrison as its Non-Executive Chairman. The announcement made today comes as the company prepares for a pivotal phase in its development, with production at Hemerdon slated to recommence in 2026.

Stephen Harrison brings a wealth of experience to Tungsten West, having served as Chairman of Epwin (LON:EPWN) Group plc and a non-executive director at Castings plc. His previous role as CEO of Forterra (NASDAQ:FRTA) plc, a supplier of building materials, saw him successfully lead the company through an IPO in 2016. Harrison's background includes a degree in Economics and an MBA from Cranfield School of Management.

David Cather, the outgoing Chairman of Tungsten West, expressed his confidence in Harrison's ability to guide the company through the next stages of the Hemerdon project. Cather will continue to contribute to the company as a Non-Executive Director.

Jeff Court, CEO of Tungsten West, acknowledged Cather's leadership during challenging times and expressed optimism about the company's future under Harrison's chairmanship. Court emphasized the importance of Harrison's role in the upcoming feasibility study and capital raise for the Hemerdon project.

In his statement, Harrison conveyed his enthusiasm for joining Tungsten West and the opportunity to secure a critical mineral supply for the UK. He expressed his commitment to supporting the leadership team in optimizing the company structure for the upcoming phase of development.

The appointment of Harrison is part of a strategic leadership restructuring as Tungsten West gears up to bring the Hemerdon mine back into production, an effort that is expected to enhance the supply of critical minerals in the UK.

The information in this article is based on a press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.