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.
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.
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.
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.
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.
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, 30 January 2020 – The County Congressmen of Yeongwol County, Korea visits Almonty’s Panasqueira Mine in Portugal.
알몬티인더스트리는 국내 알몬티 상동광산의 개발 및 운영을 위한 프로젝트 파이낸싱(KfW IPEX-Bank GmbH)에 대해 KfW IPEX-Bank GmbH로부터 US$76M에 대한 구속력 있는 위임장을 받았다고 발표하게 되어 기쁘다.
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