Almonty to Receive the US$13.7 million Sixth Drawdown from KfW IPEX-Bank
Almonty Industries Inc. through its wholly-owned South Korean subsidiary, Almonty Korea Tungsten Corporation (“AKTC”), is pleased to announce that it has received a fully executed Utilization Request for US$13.7 million.
Almonty Announces the Filing of its Unaudited Interim Condensed Consolidated Financial Statements and MD&A for the Nine Months Ended September 30, 2023 and $1.74M in 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, 2023 and $1.74M in positive EBITDA from mining operations.
Placement of Common Share Units and CDI’s raises C$500,000, US$733,333 and A$550,000
Almonty Industries Inc. has received firm commitments to raise gross proceeds of C$500,000, US$733,333 and A$550,000 via the issuance of 3,333,333 Placement Units and 1,078,433 million Placement Chess Depository Interests Units (“CDIs”).
LEADERS Magazine: Tungsten Mining – An Interview with Lewis Black
LEADERS Magazine October, November, December 2023 Volume 46, Number 4: An interview with Lewis Black, President and Chief Executive Officer, Almonty Industries on Tungsten Mining.
Almonty Announces the Filing of its Unaudited Interim Condensed Consolidated Financial Statements and MD&A for the Six Months Ended June 30, 2023
Almonty announces the filing of its unaudited interim condensed consolidated financial statements and MD&A for the six months ended June 30, 2023 and $1.1M in positive EBITDA from mining operations.
Almonty Provides Sangdong Mine Construction Update
Almonty Industries Inc. today is pleased to provide a construction progress update for its Sangdong Tungsten Mine located in South Korea.
Leading with Purpose: Meet Lewis Black, the President & CEO of Almonty Industries
Leading with Purpose: Meet the President & CEO of Almonty Industries. Lewis Black Talks About The Five Things You Can Do To Become More Resilient During Turbulent Times.
Almonty Partners with Korea Telecom to Revolutionize Mine Safety While Also Demonstrating Commitment to ESG Compliance
Almonty and Korea Telecom collaboration introduces revolutionary Mine Safety DX technology to augment responsible and sustainable mining practices at Almonty’s Sangdong Mine.
Unveiling the Marvels of Panasqueira Crystals: A Journey from Mine to Museum
Almonty’s Panasqueira Mine has earned its place as a global treasure trove of mineral specimens. Discover how many of its’ crystals are now displayed in the Natural History Museums of London and New York.
Plans to Reopen Los Santos Mine Utilizing our Flotation Technology Developed for our Sangdong Tungsten Mine
Since 2020, Almonty has been undertaking studies into the re-commencement of production from Los Santos via the retreating of tailings, utilizing the Company’s flotation technology developed for our Sangdong Tungsten Mine.
Almonty Korea Tungsten
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.
Tungsten APT Price per MTU
Los Santos & Valtreixal Projects
Metso Equipment Arrives at Sangdong
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
Almonty to Receive the US$13.7 million Sixth Drawdown from KfW IPEX-Bank
Almonty Announces the Filing of its Unaudited Interim Condensed Consolidated Financial Statements and MD&A for the Nine Months Ended September 30, 2023 and $1.74M in Positive EBITDA from Mining Operations
Placement of Common Share Units and CDI’s raises C$500,000, US$733,333 and A$550,000
LEADERS Magazine: Tungsten Mining – An Interview with Lewis Black
Almonty Announces the Filing of its Unaudited Interim Condensed Consolidated Financial Statements and MD&A for the Six Months Ended June 30, 2023
Almonty Provides Sangdong Mine Construction Update
Leading with Purpose: Meet Lewis Black, the President & CEO of Almonty Industries
📈 "Almonty Industries' shares are currently trading at CAD 0.50, giving the Company a market capitalization of CAD 114 million. However, once the #SangdongMine is operational, these valuations will likely change significantly!" 📈 - News.Financial
Read the full article by News.Financial to find out why they believe Almonty's shares will rocket in 2024👇
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Siemens Energy, Almonty Industries, BASF - Rebound underway, where is it worth getting in?
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At the end of October, the mood among investors was gloomy. Many indices were under pressure and had lost more than 10% of their value. Since October 28, the mood has changed, and the markets have ral...Comment on Facebook
Almonty Industries through its wholly-owned South Korean subsidiary, Almonty Korea Tungsten Corporation (“AKTC”), is pleased to announce that it has received a fully executed Utilization Request for:
US$13.7 million
in conjunction with the sixth drawdown on the US$75.1 million KfW IPEX-Bank (“KfW”) loan facility related to the construction of the Company’s Sangdong Mine in South Korea.
This US$13.7 million drawdown is scheduled for release on November 24, 2023.
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Almonty to Receive the US$13.M 6th Drawdown - KfW IPEX-Bank
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Almonty is pleased to announce an operational & financing update in relation to its Sangdong Mine, which is currently under construction.Comment on Facebook
Almonty Industries has announced the filing of its unaudited interim condensed consolidated financial statements and management’s discussion & analysis (MD&A) for the three and nine months ended September 30, 2023, and $1.74M in positive EBITDA from mining operations.
Unless otherwise indicated, all currency amounts contained in this release are expressed in Canadian dollars.
TSX: AII / ASX: AII / OTCQX: ALMTF / FRA: ALI ... See MoreSee Less
Consolidated Financial Statements & MD&A 9-Months to Sept 30 2023
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Almonty's Consolidated financial statements and management's discussion & analysis ("MD&A") of the nine months ended Sept 30, 2023.Comment on Facebook
The inaugural Almonty Korea Tungsten Corp. (AKTC) Sports Day was held last week and attended by more than 30 employees in Sangdong, South Korea. 🥇🏆⛹️
This was such a success, it will become an annual Almonty Industries event, and we look forward to an equally great time in 2024!! Thank you to everyone who made it such a great first event 🇰🇷👌 ... See MoreSee Less
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What a great event AKTC had!!