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6.7

Abenójar Tungsten lists on LSE to fund Spain's El Moto mine, aims to be world's largest outside China

Abenójar Tungsten, developer of the El Moto tungsten mine in Ciudad Real, Spain, is listing on the London Stock Exchange to raise nearly €200 million. The company claims the mine will become the world's largest tungsten producer outside China, a significant shift in a market currently dominated by Chinese supply. The listing and project scale signal a strategic move to diversify critical mineral supply chains, though production timelines and cost estimates remain to be validated.

Expansiónabout 18 hours agoES, GB, CNCredibility 23%View source

Score Breakdown

Mosaic Score6.7
Model confidence0.5
Significance0.8
Source credibility0.2

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Ciudad RealLondon

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countrycountryconcept
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