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7 October 2026

 

Investec appointed as Joint Corporate Broker to Tungsten West plc

Gamma


Our role

Our UK Investment Banking & Corporate Broking team is delighted to announce its appointment as Joint Corporate Broker to Tungsten West plc, the owner and operator of the Hemerdon tungsten and tin mine in Devon.

Ben Lawrence, Managing Director, UK Investment Banking & Corporate Broking at Investec, commented:

“We are delighted to be appointed as broker to Tungsten West. The appointment reflects the strength of our investment banking offering, which combines our specialist sector knowledge, award-winning equity research and capital markets capabilities. We welcome the opportunity to support Tungsten West’s ambitions in the UK’s critical minerals sector.”

Jeffery Court, Chief Executive Officer of Tungsten West, commented:

“We are pleased to welcome Investec as Joint Corporate Broker to the Company. Investec brings significant experience in the natural resources sector and strong relationships across an international institutional investor base. We look forward to working with the team as we ramp up operations at Hemerdon.”

This announcement builds on our strong momentum in 2026, following recent appointments as adviser to companies including Future, RS Group, Telecom Plus and Eurowag.

 

About Tungsten West

Tungsten West plc owns 100% of Hemerdon, one of the world’s largest tungsten resources, located near Plymouth in Devon. Alongside tungsten, the operation produces tin and premium aggregates.  

Hemerdon commenced ore processing in September 2026 and is ramping up towards steady-state production. The project has the potential to strengthen UK and Western supply chains for tungsten, a critical mineral used in defence, aerospace and industrial applications.

Tungsten West is listed on the Alternative Investment Market (“AIM”) of the London Stock Exchange with a market capitalisation of approximately £710 million.

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