The Story Behind Panasqueira Mines
With tungsten mining operations spanning back for more than 120 years, Almonty’s Panasqueira Mine in Central Portugal has always been of considerable interest to resource experts, miners, investors, shareholders and other interested parties around the globe.
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. is pleased to announce that it has now received notification that the preliminary ECA cover has been issued by OeKB which is underpinning the recently announced binding commitment for the project finance loan of US$76,000,000 from KfW IPEX-Bank.
“Set to make a New Miracle with Sangdong Tungsten”, said by Mr. KIM Yong-woo, Representative of Almonty Korea Tungsten
Mr. KIM Yong-woo, a representative of Almonty Korea Tungsten has stated that they are “Set to make a New Miracle with Sangdong Tungsten”, with secured development funding, full-scale development in April 2020, and commencement of production in April 2022.
Congressmen of Yeongwol County (Korea) Visits Panasqueira Mine
Almonty Korea Tungsten, 30 January 2020 – The County Congressmen of Yeongwol County, Korea visits Almonty’s Panasqueira Mine in Portugal.
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 Korea Tungsten
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.
Panasqueira Portugal
Los Santos & Valtreixal Projects
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 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
Return of Tungsten Mine to Korean Stock Market – Korea Economic Daily (August 29, 2019)
Almonty Announces The Engagement Of The Lead Manager For Its Potential Secondary Listing On KOSDAQ