Almonty Industries Second Update For Sangdong Mine US$75M Project Financing And The Finalization Of The Facility Agreement.
Almonty Industries Inc. is pleased to provide a second update regarding the US$75M Project Financing with the KfW-IPEX Bank (“KfW”) for our wholly-owned Sangdong Mine.
A Survey of US Manufacturing Executives Illustrates the Concerns of China-Controlled Strategic Metals Supply Dominance
Almonty commissioned an online survey during the last week of June 2020, asking a series of raw material supply chain questions in front of roughly 150 business executives across industries such as construction, automotive, technology manufacturing, building products and electrical components.
The two Mayors from Covilhã and Fundão, the State Secretary for Tourism, and the President of Tourism in Portugal sign a Tourist Development Agreement at Rebordões with a total investment of 893 000€.
On FreightWaves’ Midday Market Update, Michael Vincent and Kevin Hill talk to Almonty Industries’ CEO and President Lewis Black about how strategic metals are used in freight and trucking.
Almonty Industries Inc. Completes A Non-Brokered Phase One Financing For The Construction of their Sangdong Mine of EUR€3.25 Million Plus US$500,000
Toronto – July 13, 2020 – Almonty Industries announces it has completed a non-brokered private placement of secured convertible bonds in the principal amount of EUR 3,250,000 (the “Bond Offering”) as well as a secured loan of US$500,000 (approximately CDN$680,000) for a total of CDN$5,680,000.
Almonty Announces Positive Q1-2020 EBITDA From Mining Operations and the Filing of its Unaudited Interim Consolidated Financial Statements And MD&A For The 3-Months Ended March 31, 2020
Almonty Industries Inc. today announced the filing of its unaudited interim consolidated financial statements and management’s discussion & analysis (MD&A) for the three months ended March 31, 2020. Unless otherwise indicated, all currency amounts contained in this news release are expressed in Canadian dollars.
Almonty Industries Inc. (TSX:AII) (“Almonty”) announces that it has received, from the Municipality of Pedralba de la Paraderia in Spain, a new land classification for its Valtreixal Property whereby the property is now deemed to be suitable for extraction activity.
Almonty Announces Finalization of Plant Layout of Sangdong Mine upon Fixation of Backfill Plant Location
Almonty Industries Inc. (TSX:AII) (“Almonty”) announces the finalization of the plant layout and configuration upon the fixing of the location of the backfill plant at the site of the Sangdong Mine, Almonty’s wholly-owned mine in South Korea.
Almonty Industries Inc. announces the start of trading of Almonty shares on Xetra, the electronic trading system of Deutsche Börse AG in Germany. MWB Wertpapierhandelsbank AG, as designated sponsor, will handle the trading of shares with immediate effect and therefore contribute to increased liquidity and a higher turnover.
Almonty Announces Completion and Receipt of Basic Engineering Work for the Sangdong Processing Plant by Metso
Almonty Industries announces the completion and delivery of the basic engineering work by Metso Corporation for the crushing and grinding units of the processing plant of Almonty Korea Tungsten (“AKT”), Almonty’s wholly-owned subsidiary in South Korea, on the 15th of May, 2020.
Los Santos & Valtreixal Projects
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