Almonty Announces the Filing of its Unaudited Interim Condensed Consolidated Financial Statements and MD&A for the Three and Nine Months Ended September 30, 2022 and another Quarter of Positive EBITDA from Mining Operations

Almonty Announces the Filing of its Unaudited Interim Condensed Consolidated Financial Statements and MD&A for the Three and Nine Months Ended September 30, 2022 and another Quarter of Positive EBITDA from Mining Operations

Almonty announces the filing of its unaudited interim condensed consolidated financial statements and MD&A for the three and nine months ended September 30, 2022 and another quarter of positive EBITDA from mining operations.

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Significant Maiden Molybdenum Resource Defined Adjacent To The  Tungsten Orebody At Sangdong Mine In South Korea

Significant Maiden Molybdenum Resource Defined Adjacent To The Tungsten Orebody At Sangdong Mine In South Korea

Almonty is pleased to announce a maiden JORC 2012-compliant Inferred Mineral Resource Estimate (MRE) of 21.48Mt @ 0.26% MoS2 at the 0.19% MoS2 reporting cut-off for the Almonty Korea Moly Project, which is located on the existing Sangdong Tungsten Mine currently under construction in South Korea.

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Almonty Announces Receipt of the Fully Executed Utilization Request for the First Drawdown of the US$75.1M Facility

Almonty Announces Receipt of the Fully Executed Utilization Request for the First Drawdown of the US$75.1M Facility

Almonty Industries is pleased to announce it has received from KfW-IPEX Bank the fully executed utilization request for the first drawdown of US$12.8M from the US$75.1M facility. The mortgage registration has now commenced in South Korea and, upon completion, the first drawdown funds will be sent to Almonty.

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Almonty Korea Tungsten

Sangdong Mine – Project Update and Third KfW Drawdown

Sangdong Mine – Project Update and Third KfW Drawdown

Sangdong Downstream Extension Project Progressing

Sangdong Downstream Extension Project Progressing

Sangdong Mine – Operational Update and Second KfW Drawdown Received

Sangdong Mine – Operational Update and Second KfW Drawdown Received

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

Expedição Lusitânia – a South Atlantic crossing from Lisbon to Rio on SV Zalala skippered by Almonty’s Panasqueira Mine Manager.

Expedição Lusitânia – a South Atlantic crossing from Lisbon to Rio on SV Zalala skippered by Almonty’s Panasqueira Mine Manager.

Almonty Provides an Operational Update on Activities at its Tungsten Mines

Almonty Provides an Operational Update on Activities at its Tungsten Mines

Investor Presentation – Almonty Industries & Sangdong Mine Project

Investor Presentation – Almonty Industries & Sangdong Mine Project

Los Santos & Valtreixal Projects

Investor Presentation – Almonty Industries & Sangdong Mine Project

Investor Presentation – Almonty Industries & Sangdong Mine Project

Almonty Announces the Successful Capital Raising of A$15.25m and a Dual Listing on the ASX on 2nd August 2021

Almonty Announces the Successful Capital Raising of A$15.25m and a Dual Listing on the ASX on 2nd August 2021

Almonty Industries Inc. Announces An End-Of-Year Christmas Update

Almonty Industries Inc. Announces An End-Of-Year Christmas Update

Almonty Receives New Land Classification For Its Valtreixal Property In Spain

Almonty Receives New Land Classification For Its Valtreixal Property In Spain

Metso Equipment Arrives at Sangdong

The orders placed back in January 2021 for the long lead time items, being the primary crusher and the sag mill, with Metso/Outotec have started to arrive at our Sangdong Mine in South Korea.

Metso Outotec

Panasqueira Mine

Almonty, through its indirect wholly-owned subsidiary, Beralt Tin and Wolfram (Portugal) SA (“Beralt”), owns a 100% interest in the Panasqueira Tin Tungsten mine located in Covilha (Village of Panasqueira) Portugal. Beralt is the oldest Portuguese mining Company. The discovery registration was granted on Sept. 15, 1881 and the official mining license was dated from May 24, 1896.

Dual Listing on the ASX

2 August 2021 – Almonty Industries Inc. is pleased to announce the successful capital raising of A$15.25m and a dual listing on the ASX on 2nd August 2021. On behalf of the Board of Directors, Almonty Industries would like to welcome new shareholders to the Almonty share register as we continue construction of the world’s largest tungsten mine outside of China

Groundbreaking Ceremony

27 May 2021 – Almonty Industries Inc. welcomes over 100 visitors to the Groundbreaking Ceremony at the Sangdong Mine in Korea. Attendants included the County Mayor and his senior staff; Congress Members;  Deputy Heads of KIGAM and KORES, the Head of AMCHAM, the Plansee group CEO Korea; and a representative from the Austrian embassy.

OTCQX Best 50 2021

8 September 2020 – Almonty Industries Inc. is pleased to announce it has been named to the 2021 OTCQX Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year.

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

Investment Information & Financials

Sangdong Mine – Project Update and Third KfW Drawdown

Sangdong Mine – Project Update and Third KfW Drawdown

Almonty Announces the Filing of its Unaudited Interim Condensed Consolidated Financial Statements and MD&A for the Three and Nine Months Ended September 30, 2022 and another Quarter of Positive EBITDA from Mining Operations

Almonty Announces the Filing of its Unaudited Interim Condensed Consolidated Financial Statements and MD&A for the Three and Nine Months Ended September 30, 2022 and another Quarter of Positive EBITDA from Mining Operations

Sangdong Downstream Extension Project Progressing

Sangdong Downstream Extension Project Progressing

Sangdong Mine – Operational Update and Second KfW Drawdown Received

Sangdong Mine – Operational Update and Second KfW Drawdown Received

Almonty Announces the Filing of its Unaudited Interim Condensed Consolidated Financial Statements and MD&A for the Three and Six Months Ended June 30, 2022

Almonty Announces the Filing of its Unaudited Interim Condensed Consolidated Financial Statements and MD&A for the Three and Six Months Ended June 30, 2022

Metso Equipment arriving at Almonty’s Sangdong Mine

Metso Equipment arriving at Almonty’s Sangdong Mine

Almonty Announces Receipt of the First Drawdown Amount of US$12,818,081 with the Next Drawdown of US$4,840,524 Now Scheduled for August 11, 2022

Almonty Announces Receipt of the First Drawdown Amount of US$12,818,081 with the Next Drawdown of US$4,840,524 Now Scheduled for August 11, 2022

Significant Maiden Molybdenum Resource Defined Adjacent To The  Tungsten Orebody At Sangdong Mine In South Korea

Significant Maiden Molybdenum Resource Defined Adjacent To The Tungsten Orebody At Sangdong Mine In South Korea

Almonty Industries logo

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