Wolf Minerals has given the greenlight to GR Engineering to begin construction of its Hemerdon tungsten and tin project.
The announcement is a major milestone for the project, and puts it on track for first production mid next year.
The mine has been touted as one of the major developments for the mining industry in the UK, and hosts one of the largest tungsten deposits in the world.
The contract for Hemerdon, awarded to Australian firm GR Engineering, is worth $137.5 million and will see it design, construction, and commission the three million tonne per annum tungsten and tin process plant, as well as associated infrastructure.
The start of construction follows the finalisation of achieving the goals set by the planning permission, its environmental approvals, and land leases.
Following this announcement Wolf Minerals' managing director Russell Clark stated: "We have been focused on achieving the key milestones required to allow construction to commence at the Hemerdon project, and are delighted that these are now all in place and construction can commence".