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Tasmanian government issues $7.5m loan to struggling tungsten mine after previous loan converted to shares

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The Tasmanian government has issued a $7.5 million loan to a struggling King Island tungsten mine, having just become a shareholder in the mine’s owner to help prevent it from going under.

Australian-owned Group 6 Metals — which owns the Dolphin mine, Australia’s largest mined tungsten deposit…



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