W Resources confirms first shipment from La Parrilla

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Sharecast News | 19 Oct, 2016

Updated : 09:32

Spain and Portugal focused tungsten, copper and gold, production, exploration and development company W Resources confirmed the first shipment of tungsten concentrate since plant start-up at La Parrilla, Spain in September on Wednesday.

The AIM-traded firm said it was also W's first shipment to the United States.

As announced on 17 October, tin separation from tungsten concentrate had now commenced at the plant enabling the production and sale of both tungsten and tin in the coming months.

With tin prices having increased to around $20,000 per tonne, the board said it represented an important development for the company.

“We are very pleased to confirm the first shipment of tungsten concentrate from La Parrilla to our new customers in the United States,” said W Resources chairman Michael Masterman.

“It is an important milestone for W Resources.”

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