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Vital improves Watershed economics

Creamer Media Senior Deputy Editor: Australasia
The share price of tungsten developer Vital Metals jumped by nearly 15% on Tuesday after the company announced that optimisation studies at its Watershed project, in far north Queensland, had boosted the project value. Metallurgical test work optimisation at Watershed has improved tungsten recoveries from 74% to 77%, as the company focused on optimising the feed size to the density media separation (DMS) plant to increase efficiencies and recoveries.

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