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Thor Mining to expedite development of Pilot Mountain tungsten project

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Thor Mining to expedite development of Pilot Mountain tungsten project

Thor Mining PLC decided to accelerate development of its Pilot Mountain tungsten project in Nevada and kicked off the second phase of metallurgical testing and scoping study work, it said Feb. 20.

The decision came after the U.S. Department of the Interior published a draft list of critical minerals in the Federal Register, which includes tungsten. U.S. President Donald Trump signed an executive order in late 2017 aiming to reduce the country's dependence on imports of critical minerals and related vulnerability to supply disruptions.

Executive Chairman Mick Billing said the Pilot Mountain project has the potential to "offer long term production potential and become an important supplier of strategic tungsten concentrates in the U.S."