Hazelwood Resources Ltd (HAZ), focused on becoming Australia’s only Tungsten producer with 2 to 3% of world production, will raise US $7.5-million through a share placement to fund the construction of a ferrotungsten processing plant in Vietnam.
Hazelwood’s Managing Director Terry Butler-Blaxell is quoted saying:
“Hazelwood is pleased by the strong support received from investors for Hazelwood’s […]
Hazelwood Resources Ltd (HAZ), focused on becoming Australia’s only Tungsten producer with 2 to 3% of world production, will raise US $7.5-million through a share placement to fund the construction of a ferrotungsten processing plant in Vietnam.
Hazelwood’s Managing Director Terry Butler-Blaxell is quoted saying:
“Hazelwood is pleased by the strong support received from investors for Hazelwood’s integrated tungsten business strategy, particularly in light of recent weakness in global financial markets.”