Almonty Announces Execution of Memorandum of Understanding with Provincial and County Governments for Collaboration and Supports for Sangdong Mine Development Project

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.

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Governor Moon-Soon Choi Expresses Support For One Of South Korea’s Most prestigious Projects

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.

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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 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.

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Almonty Korea Tungsten

Almonty Industries Inc would like to congratulate Donghoon Kang, who was awarded the Korea Resources Recycling Association President’s Award at the 2021 Mine-Tech Festa

Almonty Industries Inc would like to congratulate Donghoon Kang, who was awarded the Korea Resources Recycling Association President’s Award at the 2021 Mine-Tech Festa

Almonty Provides an Operational Update on Activities at its Tungsten Mines

Almonty Provides an Operational Update on Activities at its Tungsten Mines

Almonty Announces the Appointment of A New Director Mark E Goodman

Almonty Announces the Appointment of A New Director Mark E Goodman

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

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6 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

The Korea Times Interviews Almonty’s CEO Lewis Black and Former US Senator Alfonse D’Amato on the Growing Global Significance of Almonty’s Sangdong Mine in Korea

The Korea Times Interviews Almonty’s CEO Lewis Black and Former US Senator Alfonse D’Amato on the Growing Global Significance of Almonty’s Sangdong Mine in Korea

Almonty Industries Second Update For Sangdong Mine US$75M Project Financing And The Finalization Of The Facility Agreement.

Almonty Industries Second Update For Sangdong Mine US$75M Project Financing And The Finalization Of The Facility Agreement.

A Survey of US Manufacturing Executives Illustrates the Concerns of China-Controlled Strategic Metals Supply Dominance

A Survey of US Manufacturing Executives Illustrates the Concerns of China-Controlled Strategic Metals Supply Dominance

Almonty Industries’ CEO Lewis Black is Interviewed by FreightWaves

Almonty Industries’ CEO Lewis Black is Interviewed by FreightWaves

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

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 Shares Begin Trading on Xetra in Germany

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 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

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