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GBUnited KingdomSeveral public bodies of one government · Public capital and a designation

Hemerdon tungsten and tin mine

the Hemerdon tungsten and tin mine in Devon ... on the outskirts of Plymouth

prj-gb-hemerdon

What does the record establish?

This registered undertaking is linked below to its financial instruments, policy context and available industrial evidence.

Financial standing

4 directly linked instruments. Recorded financial states: Announced. A commitment, a payment and a project cost remain separate.

Inspect instruments and terms

Legal and policy context

2 parent policy records; 1 project designations. Designation confers standing, not finance. Material and stage overlaps with controls do not establish a restriction on this project.

Read the policy records

Industrial evidence

No source-reviewed project milestone is published in this corpus. Financing records may still contain attributed activity reports; this gap does not establish inactivity.

See evidence gaps

Financial evidence and chronology

Each instrument keeps its own financial history. These dates describe financial states, not construction or production. Amounts are the current recorded terms, not historical amounts at every date below.

Procurement right · UK GovernmentAmount not stated · Announced · Commitment
Provider organizations
UK Government
Recipient
Tungsten WestTungsten West
Legal authority as stated
Not stated in this financial record
  1. · Announced

    An exclusive negotiation period only: "The offtake agreement is being negotiated separately by UK Government."

    National Wealth Fund

Source-stated terms

  • the right to procure up to 50% of the mine's tungsten production, stated in its 2025 Feasibility Study National Wealth Fund

Unlocked by the NWF investment but not part of it. No agreement had been concluded when the release was published.

Full financial instrument, conditions and field-level evidence
Equity · National Wealth Funda £36 million equity investment · Announced · Commitment
Provider organizations
National Wealth Fund
Recipient
Tungsten WestTungsten West
Legal authority as stated
Not stated in this financial record
  1. · Announced

    National Wealth Fund

No additional structured terms are recorded. See the full instrument for its evidence and qualifications.

Full financial instrument, conditions and field-level evidence
Loan · National Wealth Fundup to £35 million of lending · Announced · Commitment
Provider organizations
National Wealth Fund
Recipient
Tungsten WestTungsten West
Legal authority as stated
Not stated in this financial record
  1. · Announced

    National Wealth Fund

No additional structured terms are recorded. See the full instrument for its evidence and qualifications.

Full financial instrument, conditions and field-level evidence
Several instruments, split not stated · National Wealth Fundan investment of up to £71 million in Tungsten West · Announced · Commitment
Provider organizations
National Wealth Fund
Recipient
Tungsten WestTungsten West
Legal authority as stated
Not stated in this financial record
  1. · Announced

    National Wealth Fund

No additional structured terms are recorded. See the full instrument for its evidence and qualifications.

The package total; its equity and lending components are recorded as parts of it. The stages render "construction, commissioning and processing costs associated with restarting production".

Full financial instrument, conditions and field-level evidence

Capital stack

One layer per value role. Only committed public money, and joint-vehicle money apart from it, is summed, per currency; everything else is listed. There is no total across layers.

Public commitments

4 rows · summed per currency

Committed to a recipient by a government or public enterprise, at the status each row states. A contracted, partially disbursed or disbursed row is binding because an agreement is executed; payment is tracked separately by status. A contracted row need not mean funds are obligated or paid, and a partially disbursed row is not fully paid. Summed per currency and per instrument, never across either; a part is never added to its package.

GBP

Several instruments, split not stated1 row

Listed, not summed: each row combines instruments without a split.

1 counted · 2 parts not added again

1 row states no amount and is listed, not valued.

Source-reviewed industrial observations

No source-reviewed project milestone is published for this undertaking. Any financing-row activity reports below remain attributed observations, not independently reviewed project milestones. Missing evidence does not establish inactivity.

Policy context

These records directly parent the project's finance or designation entries. Their presence does not establish a causal effect on industrial activity.

Designations

Recognition under a scheme confers standing, not money, and is never counted as capital.

Recognized

4 Jun 2025

Control clauses on the same materials and stages

Clauses whose covered items share a material and a supply-chain stage with this project, with their legal status on 3 Nov 2026. An overlap of items, not a finding that the project is affected.

Record

Sponsors
Tungsten WestCompany
Location
the Hemerdon tungsten and tin mine in Devon ... on the outskirts of PlymouthGB
Stages
Mining, Processing
Materials
TungstenAlso names: tinIncludes untracked materials
Programmes
None recorded
Latest financing-row activity report
No physical status recorded

What remains unknown

Gaps describe the available SMPT record. They do not establish that an activity did not occur.

  • No project-native source-reviewed industrial milestone is published. Attributed activity in financing histories remains a separate evidence class; no exact milestone date or facility-wide conclusion is inferred.
  • Some directly linked instruments have no stated amount. A missing value is not zero.
  • Historical amount review is incomplete. Current amounts cannot be read as a time series of earlier commitments.
  • Structural links and shared materials do not demonstrate that a government measure caused an industrial outcome.

Evidence

Every project fact names the source that states it.

  1. National Wealth Fund backs Tungsten West to unlock critical UK tungsten supply

    National Wealth Fund

    Fields supported
    Name · Sponsors · Location · Supply-chain stages · Materials
    Evidence level
    Explicit
    Location in document
    First bullet point; second and third paragraphs
    View source dossier →
  2. Commission Decision of 4.6.2025 recognising certain critical raw material projects located in third countries and in overseas countries or territories as Strategic Projects under Regulation (EU) 2024/1252 (C(2025) 3491 final)

    European Commission

    Fields supported
    Sponsors · Location
    Evidence level
    Explicit
    Location in document
    Article 2, row 12
    Qualification
    The decision names the Strategic Project "Tungsten West" and gives its promoter's address as "Hemerdon Mine (Drakelands), PL7 5BS, Devon, United Kingdom"; the annex lists it as an extraction project in the United Kingdom contributing to the supply of tungsten.
    View source dossier →

For citations, open a parent policy record for BibTeX, RIS and CSL formats. Cite original documents for claims about government action.

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