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 a memorandum of understanding (MOU) with Seoul National University to foster local mining talent via an industry-academic cooperation program, field training, information exchanges and technology exchange.
Almonty Provides an Operational Update for its Sangdong Tungsten And Moly Mines
The concrete batch plant is now completed. This plant will provide service to all underground mine development and to the surface construction, and the renovation of the administration office in the town of Sangdong is completed.
Almonty Industries Announces it now has Cash in Hand & Binding Commitments from Existing Shareholders & Insiders of $9,590,000. Almonty also Announces the Prospectus for Admission to the ASX is Nearing Completion
Almonty Industries Inc. is pleased to announce it has closed 2 previously anticipated private placements and secured binding commitments from existing shareholders and insiders on a convertible debenture.
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
The Plansee group has concluded the agreement to purchase 10,587,056 shares at $1.06 from President and CEO – Lewis Black as part of the previously contemplated transaction announced in December 2020.
Almonty Industries Announces that the Maturity Dates of Long-term Debt Totalling $54.1m Have Now Been Successfully Extended to Comfortably Past the Commissioning Date of The Sangdong Tungsten Project in Korea. In Addition, Almonty Announces the Appointment of a CFO in Korea.
Almonty Industries is pleased to announce that the maturity dates for approximately $54.1M of all its debt facilities have been extended. The bulk of this $54.1m is now maturing end of Q4 2023.
Almonty delivers 20 bags of Rice to Nursing Homes in the Sangdong District under its Community Relations Program
Almonty Industries delivers 20 bags of rice to nursing homes in the Sangdong District. The District director was extremely appreciative of the generosity, and pledged his support for the efforts.
Almonty liefert im Rahmen seines Community Relations Program 20 Säcke Reis an Pflegeheime im Bezirk Sangdong
Almonty Industries liefert 20 Säcke Reis an Pflegeheime im Bezirk Sangdong. Der Distriktdirektor war sehr dankbar für die Großzügigkeit und sicherte seine Unterstützung zu.
Almonty Industries Inc. Announces the Scheduling of the Historical Confirmation Drilling Campaign for its Sangdong Moly Project.
Almonty Industries is pleased to announce that it has now scheduled a start date of the week of April 12th, 2021 to commence a 12,500m drilling campaign to convert the existing historical data for its Sangdong Molybdenum Project into a NI 43-101 and JORC compliant report.
Almonty Industries Inc. Announces the Expansion of its ESG (Environmental, Social and Governance) Program
Almonty Industries is pleased to announce the expansion of its current Environmental, Social and Governance (ESG) program at its Panasqueira mine in Portugal and at its Sangdong project in South Korea.
Almonty Industries Inc. Ankündigung der Ausweitung des Umwelt-, Sozial- und Governance-Programms (ESG)
Almonty Industries freut sich, die Ausweitung seines aktuellen Umwelt-, Sozial- und Governance-Programms (ESG) in der Panasqueira Mine in Portugal sowie dem Sangdong Projekt in Südkorea bekannt zu geben.
News Releases
The Story Behind Panasqueira Mines
Almonty Industries Inc. announces that KfW IPEX-Bank has received the preliminary export credit cover from the Oesterreichische Kontrollbank AG (“OeKBâ€) for its project financing of the Sangdong Tungsten Mine
“Set to make a New Miracle with Sangdong Tungstenâ€, said by Mr. KIM Yong-woo, Representative of Almonty Korea Tungsten
Congressmen of Yeongwol County (Korea) Visits Panasqueira Mine
Almonty Industries Inc. Announces Receipt Of Binding Commitment For US$76 Million Sangdong Mine Project Financing
OeKB Has Selected Almonty Industries’ Sangdong Mine As a ‘Category A’ Project
Participation in Graduation Ceremony of Gurae Elementary School and Sangdong Middle/High School
OeKB and KFW Bank Visit to Sangdong Mine
OeKB And KFW Bank Visit Panasqueira Mine
Almonty Posts Operational Update On Its Mines In Portugal, Spain And South Korea
Return of Tungsten Mine to Korean Stock Market – Korea Economic Daily (August 29, 2019)
The Rich History of Almonty Korea Tungsten Corp.
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:Â 800 564 6253
Toll:Â +1 (514) 982 7555
Fax Number:Â +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
Mining Weekly explains how Almonty is 'redefining the game' in the tungsten industry in their latest article published yesterday.💡ðŸ
As the last stronghold against the influx of Chinese tungsten, Almonty have harnessed technology to remain competitive.
🌠The Mining Safety DX system is a game-changer for underground operations. It runs on cutting-edge wireless technology, ensuring constant connectivity even in emergencies. With smart devices and AI-driven insights, this system enhances worker safety by providing real-time location info and biometric data. 📲💪
Read the full article in Mining Weekly to dive into this game-changing technology. ... See MoreSee Less
Automating mines improves safety
www.miningweekly.com
Tungsten provider Almonty Industries has partnered Korean communications provider Korea Telecom to create the Mining Safety DX system. As the “last man standing in the West when it came to tungstenâ...Comment on Facebook
News.Financial has posed the question - When will the market price out risk?
This is in reference to Almonty Industries and its near-completed restoration of the Tungsten #sangdongmine in South Korea, set to become one of the largest tungsten suppliers outside of China.
When it comes to promising growth stocks, perhaps its like climbing to the top of the Alps...only after the work is done do the rewards beckon?
Read the full report and find out why #Almonty's stock price is expected to soar:
... See MoreSee Less
E-car flash in the pan or summit rush? The key players: Varta, Rock Tech Lithium, Almonty Industries
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After a challenging climb, we often reap the rewards of our efforts - this is just as true on the stock market as it is after a day in the Alps. While clear skies, Alpine delicacies, and traditional h...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 six months ended June 30, 2023, and $1.1M 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
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Consolidated Financial Statements & MD&A 6-Months to Jun 30 23
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Almonty's Consolidated financial statements and management's discussion & analysis ("MD&A") of the six months ended June 30, 2023.Comment on Facebook
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
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🚀 Exciting developments at our #sangdongmine site in South Korea! 🇰🇷 We're pleased to announce the arrival of additional equipment, including protection screens and reclaim feeders, moving us yet closer to full operations.
ðŸ—ï¸ The progress at the Processing Plant site is positive, with the successful completion of scalping works. We're now in the final verification stage.
💰 Strong financial news. We're pleased to share that we have received the fifth drawdown from Kfw Ipex-Bank GmbH of US$9.8 million.
For more details and a comprehensive construction update, head over to Almonty Industries' website. Click on the link below to stay up to date 👇
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Construction Update at Almonty's Sangdong Tungsten Mine
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Almonty Industries Inc. today is pleased to provide a construction progress update for its Sangdong Tungsten Mine located in South Korea.Comment on Facebook
Leading with Purpose: Meet the President & CEO of Almonty Industries - Lewis Black.
Find out what drives him to deliver the best in the industry.
Read the full interview by Medium below:
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Rising Through Resilience: Lewis Black of Almonty Industries On The Five Things You Can Do To…
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An Interview With Savio P. ClementeComment on Facebook
A more advanced era of 'Smart Mining' has begun ðŸ—📶
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 👇 ... See MoreSee Less
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Analysts at Sphene Capital expect Almonty Industries to generate an EBITDA of CAD $23.2 million and a net income of CAD $8 million as early as next year. In 2025, profits are expected to increase, climbing to CAD $47.7 million (EBITDA) and CAD $26.2 million (net income).
Almonty is currently valued on the stock market at only CAD $140 million.
Read the full report by News.Financial 👇
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Raw materials war - is China getting serious? BASF, Mercedes-Benz, Almonty Industries
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Energy transition, smartphones, semiconductors, armaments and more are driving our hunger for critical raw materials. But woe betide if China gets serious and severely restricts the export of critical...Comment on Facebook