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Tungsten Mining formalizes deal to buy Watershed tungsten project for A$15M

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Tungsten Mining formalizes deal to buy Watershed tungsten project for A$15M

Tungsten Mining NL signed a formal sale agreement to purchase the Watershed tungsten project in Queensland, Australia, from Vital Metals Ltd.

The companies entered into a binding term sheet in early May for the A$15 million deal.

The sale is expected to complete Aug. 9.