Tungsten Mining Strengthens Global Strategy and Advances Mt Mulgine Toward Development
Tungsten Mining NL (ASX: TGN) continues to progress development activities at its Mt Mulgine Project following its recent AU$53 million capital raising. The strengthened balance sheet is expected to fund completion of the Pre-Feasibility Study and advancement into the Definitive Feasibility Study phase, positioning the Company for a potential Final Investment Decision targeted in Q4 2027, subject to study outcomes.
Management recently conducted international engagement activities, including site visits to one of the world’s largest integrated tungsten operations and meetings in Vietnam focused on processing pathways and preliminary offtake discussions. Initial conversations have also commenced with potential downstream ammonium paratungstate processing partners.
Further preliminary offtake discussions are scheduled across the United States and Europe in March 2026. In parallel, the Company is advancing its United States corporate strategy, including advisory engagement and preparatory work for a potential future uplisting, while continuing to expand its technical and commercial capabilities as both Mt Mulgine and Watershed advance.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Tungsten Mining Strengthens Global Strategy and Advances Mt Mulgine Toward Development
Tungsten Mining NL (ASX: TGN) continues to progress development activities at its Mt Mulgine Project following its recent AU$53 million capital raising. The strengthened balance sheet is expected to fund completion of the Pre-Feasibility Study and advancement into the Definitive Feasibility Study phase, positioning the Company for a potential Final Investment Decision targeted in Q4 2027, subject to study outcomes.
Management recently conducted international engagement activities, including site visits to one of the world’s largest integrated tungsten operations and meetings in Vietnam focused on processing pathways and preliminary offtake discussions. Initial conversations have also commenced with potential downstream ammonium paratungstate processing partners.
Further preliminary offtake discussions are scheduled across the United States and Europe in March 2026. In parallel, the Company is advancing its United States corporate strategy, including advisory engagement and preparatory work for a potential future uplisting, while continuing to expand its technical and commercial capabilities as both Mt Mulgine and Watershed advance.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au