- W Resources said it had signed two offtake agreements, one with tungsten processing group Wolfram Bergbau und Hütten and the other with a supplier to US markets that it didn't name.

The company said it would supply both with 66% tungsten concentrate on 'competitive' pricing terms.

The agreements cover the initial second-phase development of the La Parrilla Mine in Spain, and would account for approximately 80% of the planned production tonnage from that phase.

At 9:49am: [LON:WRES] W Resources PLC share price was +0.03p at 0.6p

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