# tungsten

Type: Company

Source: Space & Defense Intelligence Brief — https://getspacebrief.com/entity/tungsten-company
Canonical HTML page: https://getspacebrief.com/entity/tungsten-company

## Timeline

- **2026-08-25**: UK Government announces £71m investment — Chancellor John Healey and Business Secretary Jonathan Reynolds confirmed National Wealth Fund support to restart Hemerdon mine, including £36m for 7% equity and £35m restart funding.
- **2023**: Tungsten West warned of precarious finances — Operator Tungsten West warned it was in a precarious financial position, raising doubts about Hemerdon's future.

## Recent coverage (1 stories)

### UK £71m Tungsten Mine Restart Shields 50% Defence Supply
2026-08-25 13:59:14 · Sentiment: Positive · Impact: 6/10 · Sources: 3

The UK's £71m National Wealth Fund investment to revive Hemerdon mine will ringfence 50% of tungsten output for domestic defence, nuclear and aerospace industries, cutting exposure to import risks.
Full story: https://getspacebrief.com/story/uk-tungsten-mine-defence-supply-71m

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