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W resources plc

La Parrilla expected to significantly increase tungsten concentrate production

UK-headquartered W Resources noted in early November that it was in advanced stages of finalising financing facilities and additional equity investment with local Spanish investors for its La Parrilla tungsten-tin project in Spain.

Ramp-up activities at La Parrilla are underway with all components of the concentrator plant reported to be commissioned. W Resources said 5t of tungsten concentrate had been produced, while 2.5t of tin concentrate would be stockpiled to build up a 10t inventory for shipment.

W Resources Plc (LON:WRES) engages in the exploration and development of tungsten, tin, copper, and gold properties.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.