# Jonathan Reynolds

Type: Person

Source: Supply Chain Intelligence Brief — https://getsupplybrief.com/entity/jonathan-reynolds
Canonical HTML page: https://getsupplybrief.com/entity/jonathan-reynolds

## Timeline

- **2026-08-25**: UK Government announces £71m investment — Chancellor John Healey and Business Secretary Jonathan Reynolds confirmed National Wealth Fund support to restart Hemerdon mine, including £36m for 7% equity and £35m restart funding.
- **2023**: Tungsten West warned of precarious finances — Operator Tungsten West warned it was in a precarious financial position, raising doubts about Hemerdon's future.

## Recent coverage (1 stories)

### £71m Hemerdon Restart Locks 50% of UK Tungsten Supply
2026-08-25 13:59:23 · Sentiment: Positive · Impact: 6/10 · Sources: 3

The £71m public investment through the National Wealth Fund will restart Devon's Hemerdon mine, giving the UK the right to ringfence 50% of output and ease reliance on overseas tungsten.
Full story: https://getsupplybrief.com/story/uk-tungsten-supply-hemherdon-71m

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