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 Announces the Filing of its Unaudited Interim Condensed Consolidated Financial Statements and MD&A for the Three Months Ended March 31, 2023
Almonty Industries today announced the filing of its unaudited interim condensed consolidated financial statements and management’s discussion & analysis (“MD&A”) for the three months ended March 31, 2023, and $1.1M in Positive EBITDA from Mining Operations.
Construction Update at Sangdong Tungsten Mine
Almonty Industries Inc. today is pleased to announce a construction and financing update in relation to its Sangdong Tungsten Mine in South Korea, due to open soon.
Powering the Future: Tungsten (W) and Robotics / Artificial Intelligence
Our second article in a series called ‘Powering The Future’ focuses on the Robotics / Artificial Intelligence industry and the role tungsten is playing in improving performance and advancements in this sector.
Fourth Sangdong Tungsten Mine Loan Facility Drawdown
Almonty Industries Inc. announces that it has completed its fourth scheduled drawdown of the total US$75.1M KfW IPEX-Bank project finance facility for its Sangdong Tungsten Mine located in South Korea.
Almonty Announces the Filing of its Audited Annual Consolidated Financial Statements, MD&A & AIF for the Year Ended December 31, 2022 and $3.8M in Positive EBITDA from Mining Operations
Almonty Announces the Filing of its Audited Annual Consolidated Financial Statements, MD&A & AIF for the Year Ended December 31, 2022 and $3.8M in Positive EBITDA from Mining Operations.
Successful Placement of CDI’s raises A$3.5 million
Almonty Industries is pleased to announce that the Company has received firm commitments, primarily from existing Australian institutional investors, to raise gross proceeds of A$3.5M via the issue of 4,861,111 million Chess Depository Interests (“CDIs”) at A$0.72 per CDI (“Placement”).
News Releases
Unlocking the Potential of Panasqueira Mine: Almonty Industries’ Investment Highlights
In Loving Memory of Mr. Alfredo Pereira
Almonty to Receive the US$13.7 million Sixth Drawdown from KfW IPEX-Bank
Almonty Provides Sangdong Mine Construction Update
Almonty Partners with Korea Telecom to Revolutionize Mine Safety While Also Demonstrating Commitment to ESG Compliance
Unveiling the Marvels of Panasqueira Crystals: A Journey from Mine to Museum
Plans to Reopen Los Santos Mine Utilizing our Flotation Technology Developed for our Sangdong Tungsten Mine
Construction Update at Sangdong Tungsten Mine
Powering the Future: Tungsten (W) and Robotics / Artificial Intelligence
Fourth Sangdong Tungsten Mine Loan Facility Drawdown
Powering the Future: Tungsten (W) and Electric Vehicles
Proposed Extension of Warrants
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
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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Almonty Industries today announced the filing of its audited annual consolidated financial statements, management’s discussion & analysis (“MD&A”) and Annual Information Form (“AIF”) for the year ended December 31, 2023.
Download the full statement and analysis at almonty.com
bit.ly/3PNuEfX ... See MoreSee Less
Consolidated Financial Statements & MD&A for the Year to Dec 31 2023
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Almonty's Consolidated financial statements and management's discussion & analysis ("MD&A") for the year ended Dec 31, 2023.Comment on Facebook
Almonty Industries is pleased to announce it has closed on a non-brokered private placement through the sale of 2,668,000 units (“CDN Units”) at a price of $0.55 per unit raising gross proceeds of $1,467,400.
Each CDN Unit is comprised of one common share and one share purchase warrant with each share purchase warrant being exercisable into one additional common share at a price of $0.74 per share for a period of 24 months from closing.
The Company is also pleased to announce that it has received firm commitments to raise gross proceeds of A$201,500 through the issuance of 325,000 Placement Chess Depository Interests Units (“CDI’s”) at a price of A$0.62 per CDI Unit.
Read the full release on Almonty's website:
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Placement of Common Share Units and CDI’s raises $1.47M
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With Further Commitments of C$1.178 million for acceleration of Tungsten downstream planning and Molybdenum reserves conversion.Comment on Facebook
We're thrilled to share the success of our AKTC team at the regional sport event in Yeongwol, South Korea commemorating the Independence Movement Day of 1919! 🇰🇷
Some of our Almonty Industries' executives and staff, including our Vice President and Director Dong-Hoon Kang, along with nine other team members, participated in the event.
A special shoutout to Leonel Felisberto for clinching the second place overall and receiving a bicycle as a prize!🥈
Furthermore, in true AKTC fashion, #Almonty contributed to the event by donating rice as prizes and receiving warm welcomes and encouragement in return from local dignitaries, including Yeongwol County Governor Choi Myeong-seo. 🍚
We're immensely proud of our #sangdongmine team for their achievements and community spirit.
#almontyindustries #communityengagement #teamspirit #aktcsuccess #yeongwolevent #independencemovementday #tungsten ... See MoreSee Less
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A proud moment for our staff...congratulations Leonel Felisberto for 2nd place!! www.youtube.com/watch?v=ZxPHOLJSwbs
🚀 Exciting News from Panasqueira Mine! 🚀
We're very excited to announce the entry into Level 4 (L4), a pivotal moment in our rich history of tungsten mining. The L4 opening is set to commence in Q1/2024, and signifies a new era of progress and opportunity for Almonty Industries 🌏
Key Facts:
✅ L4 poised to redefine #tungsten mining.
✅ Scoping study completed for ambitious project.
✅ Operational efficiency and timely execution at the forefront.
✅ Focus on underground development for enhanced production.
Operational Highlights:
🔄 Strategic shift for optimized extraction.
🔍 Ongoing exploration drilling for resource maximization.
🛠️ Utilization of existing surface infrastructure.
💼 Low-risk operational profile for stable investment.
Recognition and Partnerships:
🤝 U.S. Department of Commerce visit highlights global importance.
🌐 Addressing demand from defense and oil & gas industries.
🏭 Cornerstone of sustainable mining practices and community development.
Recent Development:
✅ Entry into Panasqueira Mine's L4 marks a significant milestone.
🏞️ Commitment to progress and excellence in mining operations.
📈 Embarking on a transformative journey, delivering value to investors and stakeholders.
Read more in the full article by #Almonty: ... See MoreSee Less
Unlocking the Potential of Panasqueira Mine
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Panasqueira Mine's Level 4 opening is poised to redefine the landscape of tungsten mining with its immense potential and low-risk profile.Comment on Facebook
Almonty Industries is making significant progress towards the reopening of the #sangdongmine, the world's largest tungsten mine, located in South Korea.
This strategic project aims to diversify the global #tungsten supply chain and offer a secure source of this critical material to both the US and South Korea. 🇺🇸 🇰🇷
Underground development is now nearing completion - scheduled for September, paving the way for surface work to begin shortly. Commitment to responsible practices - sustainable and environmentally conscious mining operations remain a priority.
Read the full article by The Korea Herald 코리아헤럴드 below:
bit.ly/4bl23rm
Stay tuned for further updates as #Almonty approaches the anticipated year-end operational launch. ... See MoreSee Less
[Herald Interview] Almonty to boost security of key mineral supply with Sangdong mine
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Almonty Industries, a multinational mining company headquartered in Toronto, expects to reopen the Sangdong Mine in Yeongwol, Gangwon Province, and begin operations before the end of the year to offer...Comment on Facebook
In the below article by Newsweek, Almonty Industries' CEO addresses global ammunition challenges as NATO announces a €1.1 billion ($1.2 billion) deal for 155mm artillery rounds.
Despite the existing availability of raw materials such as #tungsten from China and Russia, manufacturing plants face capacity issues, delaying production in some cases through until 2027.
Read the full article below:
bit.ly/3tX9RyN
#Almonty #miningnews #miningstocks #sangdongmine #ASXnews ... See MoreSee Less
NATO chief admits new bullets won't arrive in Ukraine for years
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It could take up to 36 months for the ammunition from a new NATO deal to become available.Comment on Facebook
🚀 An exciting start to 2024 as Almonty Industries' shares surge over 10% to CAD 0.62! 📈
Analysts are predicting a breakthrough with resistance at CAD 0.60-0.67. Key projects in Spain, Portugal, and South Korea seem to be fuelling optimism. 🇪🇸 🇵🇹 🇰🇷
Check out the full story by News.Financial 👇
bit.ly/3ObBMSu
#almontyindustries #STOCKUPDATE #InvestmentOpportunity ... See MoreSee Less
Morphosys on the verge of a short squeeze? Evotec share drops like a stone! Almonty Industries is exciting!
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Share price disaster at Evotec. The shares of the German biotech company are falling like a stone in 2024 and have already lost over 30% of their value in just a few trading days. This results from th...Comment on Facebook