Almonty Industries Inc. has Closed a US$1,201,000 (CDN $1,537,688) Non-brokered Private Placement at CDN$0.75 with Lewis Black and Deutsche Rohstoff AG
Toronto – January 4, 2021 – Almonty Industries Inc. is pleased to announce that it has closed a non-brokered private placement raising gross proceeds of US$1,201,000 (CDN$1,537,688) through the issuance of 2,050,251 shares at a price of CDN$0.75 per share representing a more than 17% premium to current market.
Almonty Industries Inc. Announces An End-Of-Year Christmas Update
Toronto – December 14, 2020 – Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / OTCQX: ALMTF / Frankfurt: 1MR) is pleased to announce an end-of-year update on all projects around the world.
Construction of the Monty B Portal at the Sangdong Mine in South Korea has been Completed
Stage 1 complete – Construction of the Monty B Portal (the World’s largest tungsten mine) at Almonty Industries’ Sangdong Mine in South Korea has been completed on schedule.
Execution Of Project Financing Loan Agreements and Project Guarantee Documents for the Sangdong Mine In South Korea
Toronto – December 7, 2020 – Almonty Industries Inc. is pleased to announce the execution of the Facility Agreement (loan agreement) and the Completion Agreement with KfW-IPEX Bank GmbH for the US$75.1 million project financing for its wholly-owned Sangdong Mine located in South Korea.
New Production Sources of Tungsten Are Critical to Maintaining Healthcare Industry Supply
The trade relations between China and the U.S. have been tense over the last few years. This past January, China and the U.S. signed a “phase one” trade deal, where China agreed to buy an additional $200 billion of American goods and services over the following two years.
Construction of the World’s Largest Tungsten Mine Continues
A significant moment for Almonty Industries. Breaking ground for the ‘Monty B Portal’ at Almonty Industries’ Sangdong Mine finally sees construction of the World’s Largest Tungsten Mine commence in South Korea.
세계 최대 규모의 텅스텐 광산 건설이 계속되고 있다.
알몬티 인더스트리즈에게 중요한 순간이다. ‘알몬티인더스트리’ 상동광산의 ‘몬티 B 포털’의 돌파구가 드디어 한국에서 열리는 세계 최대 텅스텐 광산 건설을 보게 된다.
Construction Executive – International Trade: A Game Plan for Rare Earths and Strategic Metals
China controls the market for nearly 35 precious minerals and metals that are important for production and manufacturing, and tungsten is among them. However, Almonty Industries is growing its mining projects that are critical to increase supply levels and exports back to the United States.
Sustainability in Mining – Beralt Tin and Wolfram (Portugal)
At Beralt Tin and Wolfram (Portugal), S.A. (BTW) we are committed to embrace every single one of the UN Sustainable Development Goals, connected to our activity and stakeholders. See the sustainability program Almonty has conducted at its Panasqueira Mine.
News | Financial – Almonty Industries: Access To Critical Raw Materials
News | Financial – https://news.financial has published an article titled ‘Developments Of Great Importance’ in which it lists Almonty Industries as an emerging force in its increasing ability to supply the raw material Tungsten to a resurging global manufacturing industry.
Almonty Korea Tungsten
Almonty Investigating the Construction of a Vertically Integrated Nano Tungsten Oxide Downstream Processing Plant to Supply South Korean Battery Anode and Cathode Manufacturing Industry
Drawdown of KfW US$75m Loan Imminent Following Satisfaction of All Conditions Precedent
Yeongwol Tungsten Mine Restarts After 20 Years… Korea reimagining ‘necessary goods independence strategy’
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
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
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 Named to 2021 OTCQX Best 50
Almonty Announces The Closing of its $2,122,500 Private Placement for the KfW-IPEX Bank Arrangement Fee and the Ordering of Long Lead Time Equipment from Metso/Outotec
Almonty Industries Announces the Process for the Secondary Listing on the ASX Has Now Been Initiated
Almonty Industries Inc. has Closed a US$1,201,000 (CDN $1,537,688) Non-brokered Private Placement at CDN$0.75 with Lewis Black and Deutsche Rohstoff AG
Construction of the Monty B Portal at the Sangdong Mine in South Korea has been Completed
Interim Condensed Consolidated Financial Statements For the Three and Nine Months Ended September 30, 2020 and 2019
Unveiling the Journey of Panasqueira Crystals: From Mine to Museum!
The Natural History Museum, London and American Museum of Natural History are currently exhibiting an extensive array of mineral specimens from around the world, with Panasqueira Crystals - unearthed from our very own Panaqueira Mine in Portugal, being the largest single source in both museums. 💎✨
CEO and Chairman of Almonty Industries - Lewis Black recently visited these museums where our #panasqueira Crystal specimens are on display.
Read the full article on Almonty's website👇
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Unveiling the Marvels of Panasqueira Crystals
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The Panasqueira Mine has earned its place as a global treasure trove of mineral specimens. A Journey from Mine to Museum.Comment on Facebook
Almonty Industries is set to re-commence tungsten production in Spain later this year.
#tungsten is a crucial metal used in over 1,000 high-tech applications like energy systems, IT, and defense. With more than 70% of the global market currently relying on China for tungsten supply, Almonty Industries aims to reduce the EU's dependence on foreign countries for essential raw materials.
For more information read News.Financial's latest article 👇 ... See MoreSee Less
ChatGPT, Artificial Intelligence and E-Mobility! BYD, Almonty Industries, Nvidia - 100% performance with strategic metals!
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Those aiming to accelerate artificial intelligence, e-mobility, or the energy transition need access to critical metals. The EU and the USA have the extraction of domestic resources on the agenda in o...Comment on Facebook
Almonty Industries is gearing up to re-commission its Los Santos tungsten mine in Q3/23 🏭. Their flagship Sangdong Mine is also in the final stages of development ready for opening in early 2024.
#tungsten, a vital metal in a broad sprectrum of industries, including metal processing, electric motors, and aerospace, is in huge demand due to the now booming energy transition.
Under the leadership of Chairman and CEO Lewis Black, Almonty Industries is soon to be the large supplier to Tungsten globally outside of China.
For more details, read News.Financial's latest release 👇 ... See MoreSee Less
Almonty Industries, Palantir, Rheinmetall - Stocks soar on innovative technologies
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The demand for AI is unbroken in the economy. Clothing giant C&A, for example, has now chosen none other than Palantir to optimize its digital sales processes. Rheinmetall, too, seems to be taking unf...Comment on Facebook
Almonty Industries' Los Santos mine in Spain is going back into production, starting operations in the third quarter of this year 🏗
Furthermore, #Almonty's flagship project - their #sangdongmine in South Korea, is progressing quickly. Construction work is on track, and commissioning is now scheduled for the second quarter of 2024.
These two major events will further position Almonty Industries as a key player in supplying 30% of the global #tungsten demand.
With these two projects on the horizon, Almonty is set to reshape the tungsten market and pave the way for new and innovative battery applications 🚀🚕.
Stay tuned as Almonty Industries continues to push forward and brings us closer to a brighter, more sustainable future!
Read more about their upcoming milestones here:
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#almontyindustries #miningrevolution #tungstenadvancements #miningnews #miningstocks #ASXNews ... See MoreSee Less
Plug Power, Almonty Industries, Rock Tech Lithium - Exploiting shortages
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The Ukraine conflict has shown how dependent Europe is on Russian energy exports. In the future, green hydrogen should close this gap. However, the dependence of Western countries is not limited to th...Comment on Facebook
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