Almonty Industries Inc. (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: 1MR) is pleased to announce an update in relation to the KfW US$75.1 million loan facility. Almonty advises that it is in receipt of the completion of conditions precedent letter from KfW. Almonty has now satisfied all of the 110 conditions precedent.
Yeongwol Tungsten Mine Restarts After 20 Years… Korea reimagining ‘necessary goods independence strategy’
hankookilbo.com: Yeongwol Tungsten Mine, owned by Almonty Industries Inc. is set to restart tungsten production after 20 years of dormancy…Sangdong Mine will be the biggest tungsten mine outside of China, and dependence on Chinese tungsten oxide can be greatly reduced.
Almonty Industries Signs an MOU with Local High School to Provide Job-Related Field Training Opportunities
Almonty Industries Inc. announced on the 27th December 2021 their intention to engage in community contribution activities including hiring local talent in Yeongwol and restoring the fire-damaged facilities at the local Catholic Church.
The road and river diversion project has been completed at the Sangdong Mine site in Korea. Monthly meetings have been conducted with local residents in order to provide updates on what is happening at the site, and to take any questions/comments they had.
Almonty Announces the Filing of its Unaudited Interim Condensed Consolidated Financial Statements and MD&A for the Three & Nine Months Ended September 30, 2021
Almonty Industries today 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, 2021.
Underground mine development is poised to hit 25% completion of the 3748.1m currently under construction. The Guest House is now renovated and complete, and the road and river diversion is now complete bar the asphalting of the new road which will be laid shortly. Both are rated for a 100-year event.
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 contest held by Korea Resources Corporation (KORES)
On behalf of global leading tungsten producer and developer, Almonty Industries Inc’s (“Almonty” or the “Company”) (ASX:AII / TSX: AII / OTCQX: ALMTF / Frankfurt: ALI.F), we are very pleased to provide an update on activities at the Company’s tungsten mines around the world.
Almonty Industries Inc. is pleased to announce the appointment of Mark E Goodman to its Board of Directors. Founder of Stone Gold, Inc. Mark E. Goodman is a business person who has been at the head of nine different companies and currently occupies the position of Executive Chairman for Stone Gold Inc. and Chief Executive Officer of Bellotti Goodman Inc.
Almonty Announces the Filing of its Unaudited Interim Condensed Consolidated Financial Statements and MD&A for the Six Months Ended June 30, 2021
Almonty Industries today announced the filing of its unaudited interim condensed consolidated financial statements and management’s discussion & analysis (“MD&A”) for the six months ended June 30, 2021.
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