Almonty Industries Named to 2021 OTCQX Best 50
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 wird in die “OTCQX Best 50 2021” gewählt
Almonty Industries Inc. freut sich bekannt zu geben, dass es in den “OTCQX® 2021 Best 50” gewählt wurde, ein Ranking der leistungsstärksten Unternehmen, die im vergangenen Jahr auf dem OTCQX Best Market gehandelt wurden.
Almonty Announces The Closing of its $2,122,500 Private Placement for the KfW-IPEX Bank Arrangement Fee and the Ordering of Long Lead Time Equipment from Metso/Outotec
Almonty Industries is pleased to announce the closing of its private placement with existing European shareholders of 2,830,000 shares at CDN$0.75 per share. Orders have now been placed the primary crusher and sag mill with Metso/Outotec.
Almonty Industries Announces the Process for the Secondary Listing on the ASX Has Now Been Initiated
Almonty Industries Inc. is pleased to announce that the application for the secondary listing on the Australian Stock Exchange (“ASXâ€) has begun and the estimate is for the listing to be effective no later than April 2021.
Almonty Announces The Commencement Of Its Corporate And Board Restructuring To Shift Its Focus Toward Korea
Almonty is pleased to announce the first two new additions to our team as the Company begins its transition toward a much greater focus on Korea and the greater Asian and Australian financial markets. These appointments will become effective February 1st, 2021.
Almonty Industries Inc. has Closed a US$1,201,000 (CDN $1,537,688) Non-brokered Private Placement at CDN$0.75 with Lewis Black and Deutsche Rohstoff AG
Toronto – January 4, 2021 – Almonty Industries Inc. is pleased to announce that it has closed a non-brokered private placement raising gross proceeds of US$1,201,000 (CDN$1,537,688) through the issuance of 2,050,251 shares at a price of CDN$0.75 per share representing a more than 17% premium to current market.
Almonty Industries Inc. Announces An End-Of-Year Christmas Update
Toronto – December 14, 2020 – Almonty Industries Inc. (“Almonty†or the “Companyâ€) (TSX: AII / OTCQX: ALMTF / Frankfurt: 1MR) is pleased to announce an end-of-year update on all projects around the world.
Construction of the Monty B Portal at the Sangdong Mine in South Korea has been Completed
Stage 1 complete – Construction of the Monty B Portal (the World’s largest tungsten mine) at Almonty Industries’ Sangdong Mine in South Korea has been completed on schedule.
Execution Of Project Financing Loan Agreements and Project Guarantee Documents for the Sangdong Mine In South Korea
Toronto – December 7, 2020 – Almonty Industries Inc. is pleased to announce the execution of the Facility Agreement (loan agreement) and the Completion Agreement with KfW-IPEX Bank GmbH for the US$75.1 million project financing for its wholly-owned Sangdong Mine located in South Korea.
Interim Condensed Consolidated Financial Statements For the Three and Nine Months Ended September 30, 2020 and 2019
Interim Condensed Consolidated Financial Statements For the Three and Nine Months Ended September 30, 2020 and 2019
News Releases
Almonty Announces The Engagement Of The Lead Manager For Its Potential Secondary Listing On KOSDAQ
Almonty Announces the Acceptance by the Lending Bank of the Final Technical Due Diligence Report on the Sangdong Mine Development Project and the commissioning of the pilot plant
Almonty Announces the Signing of the Power Supply and Consumption Agreement with Korea Electric Power Corporation
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:
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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