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

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.

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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 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.

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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 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.

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Almonty Korea Tungsten

Almonty Industries Signs an MOU with Local High School to Provide Job-Related Field Training Opportunities

Almonty Industries Signs an MOU with Local High School to Provide Job-Related Field Training Opportunities

The Road & River Diversion Program Completed at the Sangdong Mine Project in Korea

The Road & River Diversion Program Completed at the Sangdong Mine Project in Korea

Almonty Provides an Operational Update for its Sangdong Tungsten and Moly Mines

Almonty Provides an Operational Update for its Sangdong Tungsten and Moly Mines

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

Tungsten Price
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4 hours ago
Almonty Industries

We're thrilled to share the success of our AKTC team at the regional sport event in Yeongwol, South Korea commemorating the Independence Movement Day of 1919! 🇰🇷

Some of our Almonty Industries' executives and staff, including our Vice President and Director Dong-Hoon Kang, along with nine other team members, participated in the event.

A special shoutout to Leonel Felisberto for clinching the second place overall and receiving a bicycle as a prize!🥈

Furthermore, in true AKTC fashion, #Almonty contributed to the event by donating rice as prizes and receiving warm welcomes and encouragement in return from local dignitaries, including Yeongwol County Governor Choi Myeong-seo. 🍚

We're immensely proud of our #sangdongmine team for their achievements and community spirit.

#almontyindustries #communityengagement #teamspirit #aktcsuccess #yeongwolevent #independencemovementday #tungsten
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Were thrilled to share the success of our AKTC team at the regional sport event in Yeongwol, South Korea commemorating the Independence Movement Day of 1919! 🇰🇷

Some of our Almonty Industries executives and staff, including our Vice President and Director Dong-Hoon Kang, along with nine other team members, participated in the event.

A special shoutout to Leonel Felisberto for clinching the second place overall and receiving a bicycle as a prize!🥈

Furthermore, in true AKTC fashion, #Almonty contributed to the event by donating rice as prizes and receiving warm welcomes and encouragement in return from local dignitaries, including Yeongwol County Governor Choi Myeong-seo. 🍚

Were immensely proud of our #SangdongMine team for their achievements and community spirit. 

#AlmontyIndustries #CommunityEngagement #TeamSpirit #AKTCSuccess #YeongwolEvent #IndependenceMovementDay #TungstenImage attachmentImage attachment+Image attachment

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A proud moment for our staff...congratulations Leonel Felisberto for 2nd place!! www.youtube.com/watch?v=ZxPHOLJSwbs

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Panasqueira Portugal

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Los Santos & Valtreixal Projects

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Metso Equipment Arrives at Sangdong

The orders placed back in January 2021 for the long lead time items, being the primary crusher and the sag mill, with Metso/Outotec have started to arrive at our Sangdong Mine in South Korea.

Metso Outotec

Panasqueira Mine

Almonty, through its indirect wholly-owned subsidiary, Beralt Tin and Wolfram (Portugal) SA (“Beralt”), owns a 100% interest in the Panasqueira Tin Tungsten mine located in Covilha (Village of Panasqueira) Portugal. Beralt is the oldest Portuguese mining Company. The discovery registration was granted on Sept. 15, 1881 and the official mining license was dated from May 24, 1896.

Dual Listing on the ASX

2 August 2021 – Almonty Industries Inc. is pleased to announce the successful capital raising of A$15.25m and a dual listing on the ASX on 2nd August 2021. On behalf of the Board of Directors, Almonty Industries would like to welcome new shareholders to the Almonty share register as we continue construction of the world’s largest tungsten mine outside of China

Groundbreaking Ceremony

27 May 2021 – Almonty Industries Inc. welcomes over 100 visitors to the Groundbreaking Ceremony at the Sangdong Mine in Korea. Attendants included the County Mayor and his senior staff; Congress Members;  Deputy Heads of KIGAM and KORES, the Head of AMCHAM, the Plansee group CEO Korea; and a representative from the Austrian embassy.

OTCQX Best 50 2021

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

Management’s Discussion and Analysis For the Three and Nine Months Ended September 30, 2020

Management’s Discussion and Analysis For the Three and Nine Months Ended September 30, 2020

New Production Sources of Tungsten Are Critical to Maintaining Healthcare Industry Supply

New Production Sources of Tungsten Are Critical to Maintaining Healthcare Industry Supply

Construction of the World’s Largest Tungsten Mine Continues

Construction of the World’s Largest Tungsten Mine Continues

Construction Executive – International Trade: A Game Plan for Rare Earths and Strategic Metals

Construction Executive – International Trade: A Game Plan for Rare Earths and Strategic Metals

California’s new electrical vehicle proposal could considerably increase US demand for Tungsten

California’s new electrical vehicle proposal could considerably increase US demand for Tungsten

Lewis Black joins Brian Nichols to discuss the US trade economy, COVID impacts, and China’s economic strategies

Lewis Black joins Brian Nichols to discuss the US trade economy, COVID impacts, and China’s economic strategies

A Meeting between Almonty and the Deputy Minister of MOTIE for the Korean Central Government was hosted by AMCHAM

A Meeting between Almonty and the Deputy Minister of MOTIE for the Korean Central Government was hosted by AMCHAM

News | Financial – Almonty Industries: Access To Critical Raw Materials

News | Financial – Almonty Industries: Access To Critical Raw Materials

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