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Tungsten Mining’s Mt Mulgine Study Unveils Billion-Dollar Critical Minerals Opportunity
7:01am on Thursday 13th of November, 2025 AEDT
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Mining
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Tungsten Mining’s Mt Mulgine Study Unveils Billion-Dollar Critical Minerals Opportunity
7:01am on Thursday 13th of November, 2025 AEDT
Key Points
Mt Mulgine project hosts one of the largest tungsten deposits outside China
Scoping study projects NPV of A$1.0–2.3 billion and IRR of 30–62% pre-tax
Initial development capital estimated between A$358–495 million
Potential staged production ramp-up from 6 Mtpa to 15 Mtpa over 23 years
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