The Rich History of Almonty Korea Tungsten Corp.
Watch our short video to discover the incredible and rich history surrounding this iconic Tungsten mine, as we reveal why this incredible resource is being reawakened after 25 years of dormancy.
Almonty Announces The Engagement Of The Lead Manager For Its Potential Secondary Listing On KOSDAQ
Almonty announces it has executed an engagement agreement with KB Securities for the lead management of the potential secondary listing of Almonty on the KOSDAQ section of the Korean Exchange (the “KRX”).
Almonty Achieves Positive EBITDA From Mining Operations of $3,263,000 in Q3 of FY 2019
Almonty today announced the filing of its unaudited interim condensed consolidated financial statements and management’s discussion & analysis for the three and nine months ended June 30, 2019. Unless otherwise indicated, all currency amounts contained in this news release are expressed in Canadian dollars.
Management’s Discussion and Analysis For the Three and Nine Month Periods Ended June 30, 2019
This management’s discussion and analysis (“MD&A”), dated August 14, 2019, provides a review of, and discusses the financial position and results of operations of, Almonty Industries Inc. (TSX: AII) (“Almonty” or the “Company”) for the three- and nine-month periods ended June 30, 2019.
Interim Condensed Consolidated Financial Statements For the Three and Nine Months Ended June 30, 2019 and 2018 (UNAUDITED)
The accompanying interim condensed consolidated financial statements for Almonty Industries Inc. were prepared by management in accordance with International Financial Reporting Standards (IFRS). Management acknowledges responsibility for the preparation and presentation of the interim condensed consolidated financial statements.
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 it has obtained the clearance and acceptance by the Lending Bank (“KfW-IPEX Bank”) of the final technical due diligence report on the Sangdong Mine Development Project submitted by the Independent Engineer.
Almonty Announces the Signing of the Power Supply and Consumption Agreement with Korea Electric Power Corporation
Almonty announces that it has signed a Power Supply and Consumption Agreement with Korea Electric Power Corporation (“KEPCO”) for the construction and supply of a power line to the Sangdong Tungsten Mine located in the Republic of Korea.
Almonty Achieves Positive Ebitda From Mining Operations of $7,318,000 and Net Income of $0.02 Per Share in Q2 of FY 2019
Almonty today announced the filing of its unaudited interim condensed consolidated financial statements and management’s discussion & analysis for the three and six months ended March 31, 2019. Unless otherwise indicated, all currency amounts contained in this news release are expressed in Canadian dollars.
Almonty Reports Results of Election of Directors
Almonty today announced that at the annual and special meeting of shareholders held on March 28, 2019 (the “Meeting”), each of the five nominees listed in the management information circular dated February 21, 2019 were elected as directors of the Company.
Almonty Announces TSX Approval of Normal Course Issuer Bid
Almonty today announced that it has filed with the Toronto Stock Exchange (the “TSX”), and the TSX has accepted, a notice of intention of the Company to make a normal course issuer bid (the “NCIB”) permitting Almonty to purchase for cancellation up to 9,072,094 common shares (“Shares”) over a 12-month period, representing approximately 5% of the Shares outstanding as of March 11, 2019.
Almonty Korea Tungsten
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
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
Tungsten
The history of tungsten dates back to the Middle Ages. Learn more about Tungsten and Almonty Industries.
Almonty Industries
Almonty specializes in acquiring distressed and under-performing operations and assets in tungsten markets.
Tungsten APT Price per MTU
Panasqueira Portugal
Los Santos & Valtreixal Projects
Metso Equipment Arrives at Sangdong
8 September 2020 – 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
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
Investment Information & Financials
Almonty Announces The Engagement Of The Lead Manager For Its Potential Secondary Listing On KOSDAQ
Almonty Achieves Positive EBITDA From Mining Operations of $3,263,000 in Q3 of FY 2019
Management’s Discussion and Analysis For the Three and Nine Month Periods Ended June 30, 2019
Interim Condensed Consolidated Financial Statements For the Three and Nine Months Ended June 30, 2019 and 2018 (UNAUDITED)
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
Almonty Achieves Positive Ebitda From Mining Operations of $7,318,000 and Net Income of $0.02 Per Share in Q2 of FY 2019
Unveiling the Journey of Panasqueira Crystals: From Mine to Museum!
The Natural History Museum, London and American Museum of Natural History are currently exhibiting an extensive array of mineral specimens from around the world, with Panasqueira Crystals - unearthed from our very own Panaqueira Mine in Portugal, being the largest single source in both museums. 💎✨
CEO and Chairman of Almonty Industries - Lewis Black recently visited these museums where our #panasqueira Crystal specimens are on display.
Read the full article on Almonty's website👇
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Unveiling the Marvels of Panasqueira Crystals
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The Panasqueira Mine has earned its place as a global treasure trove of mineral specimens. A Journey from Mine to Museum.Comment on Facebook
Almonty Industries is set to re-commence tungsten production in Spain later this year.
#tungsten is a crucial metal used in over 1,000 high-tech applications like energy systems, IT, and defense. With more than 70% of the global market currently relying on China for tungsten supply, Almonty Industries aims to reduce the EU's dependence on foreign countries for essential raw materials.
For more information read News.Financial's latest article 👇 ... See MoreSee Less
ChatGPT, Artificial Intelligence and E-Mobility! BYD, Almonty Industries, Nvidia - 100% performance with strategic metals!
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Those aiming to accelerate artificial intelligence, e-mobility, or the energy transition need access to critical metals. The EU and the USA have the extraction of domestic resources on the agenda in o...Comment on Facebook
Almonty Industries is gearing up to re-commission its Los Santos tungsten mine in Q3/23 🏭. Their flagship Sangdong Mine is also in the final stages of development ready for opening in early 2024.
#tungsten, a vital metal in a broad sprectrum of industries, including metal processing, electric motors, and aerospace, is in huge demand due to the now booming energy transition.
Under the leadership of Chairman and CEO Lewis Black, Almonty Industries is soon to be the large supplier to Tungsten globally outside of China.
For more details, read News.Financial's latest release 👇 ... See MoreSee Less
Almonty Industries, Palantir, Rheinmetall - Stocks soar on innovative technologies
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The demand for AI is unbroken in the economy. Clothing giant C&A, for example, has now chosen none other than Palantir to optimize its digital sales processes. Rheinmetall, too, seems to be taking unf...Comment on Facebook
Almonty Industries' Los Santos mine in Spain is going back into production, starting operations in the third quarter of this year 🏗
Furthermore, #Almonty's flagship project - their #sangdongmine in South Korea, is progressing quickly. Construction work is on track, and commissioning is now scheduled for the second quarter of 2024.
These two major events will further position Almonty Industries as a key player in supplying 30% of the global #tungsten demand.
With these two projects on the horizon, Almonty is set to reshape the tungsten market and pave the way for new and innovative battery applications 🚀🚕.
Stay tuned as Almonty Industries continues to push forward and brings us closer to a brighter, more sustainable future!
Read more about their upcoming milestones here:
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#almontyindustries #miningrevolution #tungstenadvancements #miningnews #miningstocks #ASXNews ... See MoreSee Less
Plug Power, Almonty Industries, Rock Tech Lithium - Exploiting shortages
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The Ukraine conflict has shown how dependent Europe is on Russian energy exports. In the future, green hydrogen should close this gap. However, the dependence of Western countries is not limited to th...Comment on Facebook
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