Powering the Future: Tungsten (W) and Electric Vehicles
Our first article in a series called ‘Powering The Future’ focuses on the Electric Vehicles industry and the role tungsten is playing in improving safety, performance, and reliability in this sector.
Proposed Extension of Warrants
Almonty Industries Inc. today announces that it plans to extend, in the aggregate, the term of 700,000 outstanding warrants by one year.
Taking 4G LTE Underground – A Historical Moment for Korea and SE Asia
Almonty is proud to announce the implementation of an underground 4G LTE mobile data network at their Sangdong Mine in South Korea.
Sangdong Mine – Project Update and Third KfW Drawdown
Almonty Industries Inc. today is pleased to announce an operational and financing update in relation to its Sangdong Tungsten Mine, which is currently under construction in South Korea.
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
Almonty Industries Inc. today is pleased to announce an update in relation to the proposed nano tungsten oxide downstream processing plant.
Sangdong Mine – Operational Update and Second KfW Drawdown Received
Almonty Industries Inc. today is pleased to announce an operational and financing update in relation to its Sangdong Tungsten Mine, which is currently under construction in South Korea.
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 and another quarter of positive EBITDA from mining operations.
Metso Equipment arriving at Almonty’s Sangdong Mine
The ball mill and sag mill base plates have arrived into South Korea from Metso in Turkey. The mill liners will also be arriving from India in the next few weeks. This order was placed with Metso in January 2021, and marks a turning point at Almonty’s Sangdong project.
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 Industries Inc. today announced receipt of the first drawdown of US$12,818,081 on the KfW-IBEX Bank US$75.1 million project financing loan facility.
News Releases
Powering the Future: Tungsten (W) and Electric Vehicles
Proposed Extension of Warrants
Taking 4G LTE Underground – A Historical Moment for Korea and SE Asia
Sangdong Mine – Project Update and Third KfW Drawdown
Sangdong Downstream Extension Project Progressing
Sangdong Mine – Operational Update and Second KfW Drawdown Received
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
Significant Maiden Molybdenum Resource Defined Adjacent To The Tungsten Orebody At Sangdong Mine In South Korea
Almonty Announces Receipt of the Fully Executed Utilization Request for the First Drawdown of the US$75.1M Facility
Almonty Raises a Further A$2.12M in Private Placement to Advance Ongoing Growth Opportunities
Almonty Raises US$3.3M from Insiders and Existing Shareholders to Satisfy Final Plansee/GTP Condition Precedent to the Financial Closing of KfW US$75.1M Finance Facility – Drawdown Expected On Or Around May 21
If you are a shareholder of Almonty Industries Inc. and have questions regarding:
- Change of Address and/or Name
- Transfer of Shares
- Consolidation of Share Certificates
- Replacement of Lost Share Certificates
- Estate Transfers
Contact the Company’s transfer agent directly at:
COMPUTERSHARE INVESTOR SERVICES INC.
510 Burrard Street, 2nd Floor
Vancouver, BC
V6C 3B9
Toll Free: 800 564 6253
Toll: +1 (514) 982 7555
Fax Number: +1 (514) 982 7635 / +1 (888) 453 0330
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