TUN says Hemerdon Mine restart funded and commissioning underway for Q1 2027
TUN reports full funding secured for the Hemerdon Mine restart, with major equity raises and loan notes converted into equity. Phased commissioning is underway, targeting full production in Q1 2027.
Hemerdon Mine advanced toward restart with full funding secured, major equity raises, and conversion of loan notes into equity.
Net loss rose to £175.4m due to non-cash items, but adjusted operating loss improved.
Phased commissioning is underway, with full production targeted for Q1 2027.Original…