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Tungsten Mining NL ( (AU:TGN) ) has provided an announcement.
Tungsten Mining NL has announced the results of the Scoping Study for its Mt Mulgine Project, which highlights the project’s global significance as a potential long-term, low-cost producer of tungsten and molybdenum. The study supports an accelerated approach to production and provides a foundation for a Pre-Feasibility Study. The project is positioned to benefit from record high tungsten prices, with a large mineral resource base and potential for expansion. The company plans to complete the Pre-Feasibility Study by Q2 2026, followed by a Definitive Feasibility Study in H2 2027.
More about Tungsten Mining NL
Tungsten Mining NL is an Australian company focused on the development of tungsten and molybdenum projects. It operates primarily in Western Australia and aims to become a significant player in the critical minerals market, with additional interests in copper, gold, and silver.
Average Trading Volume: 930,368
Technical Sentiment Signal: Buy
Current Market Cap: A$98.81M
Learn more about TGN stock on TipRanks’ Stock Analysis page.