Almonty Korea Tungsten
Almonty Industries Announces that the Maturity Dates of Long-term Debt Totalling $54.1m Have Now Been Successfully Extended to Comfortably Past the Commissioning Date of The Sangdong Tungsten Project in Korea. In Addition, Almonty Announces the Appointment of a CFO in Korea.
Almonty delivers 20 bags of Rice to Nursing Homes in the Sangdong District under its Community Relations Program
Almonty Industries Inc. Announces the Scheduling of the Historical Confirmation Drilling Campaign for its Sangdong Moly Project.
Tungsten
The history of tungsten dates back to the Middle Ages. Learn more about Tungsten and Almonty Industries.
Almonty Industries
Almonty specializes in acquiring distressed and under-performing operations and assets in tungsten markets.
Panasqueira Portugal
Los Santos & Valtreixal Projects
Almonty Industries
Symbol: AII.TO
Description:
Almonty Industries Inc. engages in the mining, processing, and shipping of tungsten concentrate. The company owns interests in the Los Santos mine located near Salamanca, Spain; the Panasqueira tin and tungsten mine situated in Covilha and Castelo Branco, Portugal; and the Sangdong tungsten mine situated in Gangwon Province, Republic of Korea; and the Valtre Valtreixal tin and tungsten project located in Zamora province, Western Spain. Almonty Industries Inc. is headquartered in Toronto, Canada.
Industry: Other Industrial Metals & Mining
Sector: Basic Materials
Phone: +1 (647) 438-9766
Last week, The Korean Economy spoke to Lewis Black, President & CEO of Almonty Industries about the full-scale mining operations scheduled to begin in South Korea at Almonty's #SangdongMine within the year.
Discussions focused around the shifting dynamics within the global tungsten market, underscoring the significant transition occurring in China, which currently dominates the global tungsten market share. Lewis explained...
"China, which accounts for more than 90% of the global tungsten market share, is changing from an exporter to an importer due to declining mine reserves and reduced subsidies. This is a strong indicator for #Tungsten from our #SangdongMine in Korea, which has a known lifespan of more than 100 years."
Read the full story below:
(Google Translate from KR to EN required)
bit.ly/3KaMmqx ... See MoreSee Less
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Almonty Industries is pleased to announce it has closed three tranches of its non-brokered private placement through the sale of 4,263,263 units (“CDN Units”) at a price of CDN$0.55 per CDN Unit.
Raising gross proceeds of CDN$2,344,795, and 1,525,000 Chess Depository Interests units (“CDI Units”) at a price of A$0.62 per CDI Unit, raising gross proceeds of A$945,000.
Read the full release on Almonty's website:
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Almonty Closes Additional Tranches of Private Placement
bit.ly
Almonty has closed 3 tranches of its non-brokered private placement through the sale of 4,263,263 units at a price of CDN$0.55 per CDN Unit.Comment on Facebook
🔥 Join us behind the scenes at Almonty Industries as our international staff commence with their Korean language lessons 🔥
Duke and our other dedicated overseas employees are on a mission to master Hangul, the Korean alphabet. 🇰🇷 Watch how they progress as they immerse themselves in the Korean culture and language.a
#Almonty #aktc #hangulmastery #dedication #sangdongmine #gangwonprovince ... See MoreSee Less
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Bons estudos
Almonty Industries' CEO Lewis Black chats with Techstination's Fred Fishkin about the role of #tungsten in Artifical Intelligence; Electric Vehicles and more...
Watch the full interview below 👇 ... See MoreSee Less
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The Now Deity #atauyem #edrance