ASX-listed Tungsten Mining has signed a nonbinding memorandum of understanding (MoU) with China’s Xiamen Tungsten Company (XTC) over the Mt Mulgine project, in Western Australia.
Under the MoU, the two companies will work to establish an offtake agreement under which XTC would purchase tungsten and molybdenum concentrate from the Mt Mulgine project, as well as Tungsten Mining’s potential use of XTC’s beneficiation technology.
