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 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

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

Almonty Industries Inc. is pleased to announce the closing of its private placement to Directors of Almonty, existing shareholders and other insiders of 2,852,251 common shares at CDN$0.94 per share and 1,428,571 Units at US$0.70 per Unit to raise gross proceeds of approximately US$3.3 million (“Placement”).

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Almonty Announces the Filing of its Audited Consolidated Financial Statements, MD&A and AIF for the Year Ended December 31, 2021

Almonty Announces the Filing of its Audited Consolidated Financial Statements, MD&A and AIF for the Year Ended December 31, 2021

Almonty Industries (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) 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, 2021.

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Almonty Investigating the Construction of a Vertically Integrated Nano Tungsten Oxide Downstream Processing Plant to Supply South Korean Battery Anode and Cathode Manufacturing Industry

Almonty Investigating the Construction of a Vertically Integrated Nano Tungsten Oxide Downstream Processing Plant to Supply South Korean Battery Anode and Cathode Manufacturing Industry

Almonty Industries is pleased to announce it is investigating the construction of a vertically integrated nano tungsten oxide downstream processing plant (Sangdong Downstream Extension Project) to supply the South Korean battery anode manufacturing industry and the execution of a letter of intent (LOI) for the funding of the Sangdong Downstream Extension Project with the Company’s existing debt provider, KfW IPEX-Bank.

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News Releases

TSX-T : AII.TO

ASX : AII.AX

OTC : ALMTF

FRA : ALI

Almonty Industries Signs an MOU with Local High School to Provide Job-Related Field Training Opportunities

Almonty Industries Signs an MOU with Local High School to Provide Job-Related Field Training Opportunities

The Road & River Diversion Program Completed at the Sangdong Mine Project in Korea

The Road & River Diversion Program Completed at the Sangdong Mine Project in Korea

Almonty Provides an Operational Update for its Sangdong Tungsten and Moly Mines

Almonty Provides an Operational Update for its Sangdong Tungsten and Moly Mines

Almonty Industries Inc would like to congratulate Donghoon Kang, who was awarded the Korea Resources Recycling Association President’s Award at the 2021 Mine-Tech Festa

Almonty Industries Inc would like to congratulate Donghoon Kang, who was awarded the Korea Resources Recycling Association President’s Award at the 2021 Mine-Tech Festa

Almonty Provides an Operational Update on Activities at its Tungsten Mines

Almonty Provides an Operational Update on Activities at its Tungsten Mines

Almonty Announces the Appointment of A New Director Mark E Goodman

Almonty Announces the Appointment of A New Director Mark E Goodman

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 Announces a Sangdong Update and the Appointment of New Director in Anticipation of the Application for ASX Listing

Almonty Announces a Sangdong Update and the Appointment of New Director in Anticipation of the Application for ASX Listing

Almonty expands their Environmental, Social and Governance (ESG) program, signing an MOU with Seoul National University to foster local mining talent.

Almonty expands their Environmental, Social and Governance (ESG) program, signing an MOU with Seoul National University to foster local mining talent.

Almonty Provides an Operational Update for its Sangdong Tungsten And Moly Mines

Almonty Provides an Operational Update for its Sangdong Tungsten And Moly Mines

Lewis Black And The Plansee Group Conclude Share Sale/Purchase Prior to KfW IPEX Bank Financial Close for the Construction of the Sangdong Tungsten Mine

Lewis Black And The Plansee Group Conclude Share Sale/Purchase Prior to KfW IPEX Bank Financial Close for the Construction of the Sangdong Tungsten Mine

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

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2 months ago
Almonty Industries

Lewis Black talks to Canadian Mining Journal about Almonty Industries Inc.
In particular, how their operational experience and unrivaled expertise in the #tungsten market has led to revitalizing distressed and underperforming tungsten operations and assets, and turning them into profitable operations.

Read the full article by Canadian Mining Journal using the link below:
bit.ly/3rXSRHm
... See MoreSee Less

Lewis Black talks to Canadian Mining Journal about Almonty Industries Inc.
In particular, how their operational experience and unrivaled expertise in the #tungsten market has led to revitalizing distressed and underperforming tungsten operations and assets, and turning them into profitable operations.

Read the full article by Canadian Mining Journal using the link below:
https://bit.ly/3rXSRHm
2 months ago
Almonty Industries

A more advanced era of 'Smart Mining' has begun 🏗📶

Almonty Industries in partnership with KT (Korea Telecom) have developed a pioneering 'Mine Safety DX solution' for the 21st century.👌
This new DX system, which includes phones, smart wristbands and helmets equipped with smart tags provides real-time location and biometric data for all Almonty personnel whilst within the mine, and faciliates immediate responses to any emergencies🆘.

Watch a short clip of Almonty's DX Demonstration Day that was held at the #sangdongmine in Korea earlier this month 👇
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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

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