Almonty announces positive $16,440,000 annual EBITDA from mining operations before non-cash impairment charge and the filing of its audited annual financial statements and MD&A for the fifteen months ended December 31, 2019
Almonty Industries Inc. today announced the filing of its audited annual consolidated financial statements, management’s discussion & analysis and AIF for the fifteen months ended December 31, 2019.
Almonty Announces Execution of Memorandum of Understanding with Provincial and County Governments for Collaboration and Supports for Sangdong Mine Development Project
Almonty Industries Inc. announces the execution of a Memorandum of Understanding (“MOU”) among Gangwon Provincial Government, Yeongwol County Government and Almonty Korea Tungsten (“AKT”), its wholly owned subsidiary in South Korea on the 7th of May, 2020.
Almonty Industries is Interviewed by Oswald Salcher
In an interview with Oswald Salcher, Lewis Black, President and CEO of Almonty Industries explains what tungsten is used for and how investors can benefit from Almonty Industries’ success.
Governor Moon-Soon Choi Expresses Support For One Of South Korea’s Most prestigious Projects
Almonty Korea Tungsten, 26 April 2020 – Governor Moon-Soon Choi expressed his pleasure on the development of Sangdong Mine, particularly the commitment of KfW IPEX-Bank. He requested an all-out effort amongst the Provincial Government/Congress and the County Government/Congress in supporting one of the nation’s most prestigious projects.
Provincial Government Officials’ In Korea Visit Sangdong Mine
Almonty Korea Tungsten, 2 April 2020 – Provincial government officials’ in South Korea visit the Almonty Korea Tungsten Sangdong Mine site to review progress made to date and begin the process of providing cash subsidies.
COVID-19: We’re In This With You
As we navigate the COVID-19 pandemic together, first and foremost, we hope that you and your loved ones are safe. If you need any help or have any questions at all, please reach our by email or phone.
Pilot Plant Starts Full Throttled Continued Operation Producing Concentrate
Almonty Korea Tungsten, 19 March 2020 – Pilot plant starts full throttled continued operation producing concentrate.
We’re pleased to announce throughput is being achieved. Fine-tuning and calibration is now underway towards achieving the required WO3 grade and recovery targets.
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.
Almonty Korea Tungsten
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
Almonty Industries Announces that the Maturity Dates of Long-term Debt Totalling $54.1m Have Now Been Successfully Extended to Comfortably Past the Commissioning Date of The Sangdong Tungsten Project in Korea. In Addition, Almonty Announces the Appointment of a CFO in Korea.
Almonty delivers 20 bags of Rice to Nursing Homes in the Sangdong District under its Community Relations Program
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 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 Shares Begin Trading on Xetra in Germany
Almonty announces positive $16,440,000 annual EBITDA from mining operations before non-cash impairment charge and the filing of its audited annual financial statements and MD&A for the fifteen months ended December 31, 2019
Almonty Industries is Interviewed by Oswald Salcher
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