Almonty Industries Inc. Announces Receipt Of Binding Commitment For US$76 Million Sangdong Mine Project Financing
Almonty Industries Inc. is pleased to announce that it has received a Binding Commitment Letter for US$76,000,000 from KfW IPEX–Bank GmbH for the proposed project financing for the development and operation of Almonty’s Sangdong Mine in South Korea.
OeKB Has Selected Almonty Industries’ Sangdong Mine As a ‘Category A’ Project
Following a series of assessments; site visits; & environmental studies & analysis, OeKB has selected the Tungsten Mine in Sangdong as a Category A project. This means it may shortly receive an officially supported export guarantee.
Participation in Graduation Ceremony of Gurae Elementary School and Sangdong Middle/High School
Almonty Korea Tungsten – Participates in the Graduation Ceremony of Gurae Elementary School (Jan 08, 2020) and Sangdong Middle/High School (Jan 09, 2020).
OeKB and KFW Bank Visit to Sangdong Mine
Almonty Korea Tungsten – OeKB and KFW Bank visited our Sangdong Mine between the 13th and the14th of November 2019 followed by meetings with Mayor, Congressmen, Bureau Chiefs of County Government, Community Representatives as well as Faculty Members of Elementary, Middle & High School of the Sangdong Town.
OeKB And KFW Bank Visit Panasqueira Mine
OeKB And KFW Bank pay a visit to the Panasqueira Mine site in Portugal between the 23rd and the 25th October 2019.
Almonty Announces the Execution of an Amended and Restated Loan Agreement with Unicredit Bank AG
Almonty Industries is pleased to announce that it has entered into an Amended and Restated Loan Agreement with Unicredit Bank AG (the “Restated Term Loan”).
Almonty Posts Operational Update On Its Mines In Portugal, Spain And South Korea
Almonty Industries provides an update on operational development at its wholly owned mines in Portugal (Panasqueira Mine), Spain (Los Santos Mine ) and South Korea (Sangdong Mine).
Return of Tungsten Mine to Korean Stock Market – Korea Economic Daily (August 29, 2019)
An article published on 29th August 2019 by the Korea Economic Daily in regards to Almonty Industries’ intention to pursue IPO in South Korea and a KOSDAQ listing. Written by reporter Go-Eun Lee.
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 Korea Tungsten
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 a Sangdong Update and the Appointment of New Director in Anticipation of the Application for ASX Listing
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
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 (“OeKB”) for its project financing of the Sangdong Tungsten 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
OeKB and KFW Bank Visit to Sangdong Mine
OeKB And KFW Bank Visit Panasqueira Mine
Almonty Announces the Execution of an Amended and Restated Loan Agreement with Unicredit Bank AG
Almonty Industries is live at the 9th International Investment Forum - IIF on December 5, 2023.
President and CEO Lewis Black will be live on stage to deliver the latest report on #Almonty and their progress around the world.
Don't miss this opportunity to receive their latest IR update 🔔
Almonty Industries is live on stage at:
Time: 10.00am EST | 4.00pm CEST | 11.00pm HKT
The @International Investment Forum - IIF is a global event that provides information on investment trends and ideas, covering all aspects of various industries, from top executives around the world.
Register here:
bit.ly/3GmZJ4S
#iif23 #conf #tungsten #miningstocks #ASXNews #9iif #IIF ... See MoreSee Less
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📈 "Almonty Industries' shares are currently trading at CAD 0.50, giving the Company a market capitalization of CAD 114 million. However, once the #SangdongMine is operational, these valuations will likely change significantly!" 📈 - News.Financial
Read the full article by News.Financial to find out why they believe Almonty's shares will rocket in 2024👇
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Siemens Energy, Almonty Industries, BASF - Rebound underway, where is it worth getting in?
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At the end of October, the mood among investors was gloomy. Many indices were under pressure and had lost more than 10% of their value. Since October 28, the mood has changed, and the markets have ral...Comment on Facebook
Almonty Industries through its wholly-owned South Korean subsidiary, Almonty Korea Tungsten Corporation (“AKTC”), is pleased to announce that it has received a fully executed Utilization Request for:
US$13.7 million
in conjunction with the sixth drawdown on the US$75.1 million KfW IPEX-Bank (“KfW”) loan facility related to the construction of the Company’s Sangdong Mine in South Korea.
This US$13.7 million drawdown is scheduled for release on November 24, 2023.
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Almonty to Receive the US$13.M 6th Drawdown - KfW IPEX-Bank
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Almonty is pleased to announce an operational & financing update in relation to its Sangdong Mine, which is currently under construction.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 nine months ended September 30, 2023, and $1.74M 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 ... See MoreSee Less
Consolidated Financial Statements & MD&A 9-Months to Sept 30 2023
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Almonty's Consolidated financial statements and management's discussion & analysis ("MD&A") of the nine months ended Sept 30, 2023.Comment on Facebook