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 (“OeKBâ€) 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 Tungstenâ€, 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 Tungstenâ€, with secured development funding, full-scale development in April 2020, and commencement of production in April 2022.
Congressmen of Yeongwol County (Korea) Visits Panasqueira Mine
Almonty Korea Tungsten, 30 January 2020 – The County Congressmen of Yeongwol County, Korea visits Almonty’s Panasqueira Mine in Portugal.
알몬티 ì¸ë”스트리 US$76M ê·œëª¨ì˜ ìƒë™ ê´‘ì‚° 프로ì 트 파ì´ë‚¸ì‹±ì— 대한 구ì†ë ¥ 있는 ì•½ì† ìˆ˜ë ¹ 발표
알몬티ì¸ë”스트리는 êµë‚´ 알몬티 ìƒë™ê´‘ì‚°ì˜ ê°œë°œ ë° ìš´ì˜ì„ 위한 프로ì 트 파ì´ë‚¸ì‹±(KfW IPEX-Bank GmbH)ì— ëŒ€í•´ KfW IPEX-Bank GmbH로부터 US$76Mì— ëŒ€í•œ 구ì†ë ¥ 있는 ìœ„ìž„ìž¥ì„ ë°›ì•˜ë‹¤ê³ ë°œí‘œí•˜ê²Œ ë˜ì–´ 기ì˜ë‹¤.
Almonty Industries Inc. Announces Receipt Of Binding Commitment For US$76 Million Sangdong Mine Project Financing
Almonty Industries Inc. is pleased to announce that it has received a Binding Commitment Letter for US$76,000,000 from KfW IPEX–Bank GmbH for the proposed project financing for the development and operation of Almonty’s Sangdong Mine in South Korea.
OeKB Has Selected Almonty Industries’ Sangdong Mine As a ‘Category A’ Project
Following a series of assessments; site visits; & environmental studies & analysis, OeKB has selected the Tungsten Mine in Sangdong as a Category A project. This means it may shortly receive an officially supported export guarantee.
Participation in Graduation Ceremony of Gurae Elementary School and Sangdong Middle/High School
Almonty Korea Tungsten – Participates in the Graduation Ceremony of Gurae Elementary School (Jan 08, 2020) and Sangdong Middle/High School (Jan 09, 2020).
OeKB and KFW Bank Visit to Sangdong Mine
Almonty Korea Tungsten – OeKB and KFW Bank visited our Sangdong Mine between the 13th and the14th of November 2019 followed by meetings with Mayor, Congressmen, Bureau Chiefs of County Government, Community Representatives as well as Faculty Members of Elementary, Middle & High School of the Sangdong Town.
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
Panasqueira Portugal
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
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 (“OeKBâ€) 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
Mining Weekly explains how Almonty is 'redefining the game' in the tungsten industry in their latest article published yesterday.💡ðŸ
As the last stronghold against the influx of Chinese tungsten, Almonty have harnessed technology to remain competitive.
🌠The Mining Safety DX system is a game-changer for underground operations. It runs on cutting-edge wireless technology, ensuring constant connectivity even in emergencies. With smart devices and AI-driven insights, this system enhances worker safety by providing real-time location info and biometric data. 📲💪
Read the full article in Mining Weekly to dive into this game-changing technology. ... See MoreSee Less
Automating mines improves safety
www.miningweekly.com
Tungsten provider Almonty Industries has partnered Korean communications provider Korea Telecom to create the Mining Safety DX system. As the “last man standing in the West when it came to tungstenâ...Comment on Facebook
News.Financial has posed the question - When will the market price out risk?
This is in reference to Almonty Industries and its near-completed restoration of the Tungsten #sangdongmine in South Korea, set to become one of the largest tungsten suppliers outside of China.
When it comes to promising growth stocks, perhaps its like climbing to the top of the Alps...only after the work is done do the rewards beckon?
Read the full report and find out why #Almonty's stock price is expected to soar:
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E-car flash in the pan or summit rush? The key players: Varta, Rock Tech Lithium, Almonty Industries
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After a challenging climb, we often reap the rewards of our efforts - this is just as true on the stock market as it is after a day in the Alps. While clear skies, Alpine delicacies, and traditional h...Comment on Facebook
Almonty Industries has announced the filing of its unaudited interim condensed consolidated financial statements and management’s discussion & analysis (MD&A) for the three and six months ended June 30, 2023, and $1.1M in positive EBITDA from mining operations.
Unless otherwise indicated, all currency amounts contained in this release are expressed in Canadian dollars.
TSX: AII / ASX: AII / OTCQX: ALMTF / FRA: ALI
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Consolidated Financial Statements & MD&A 6-Months to Jun 30 23
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Almonty's Consolidated financial statements and management's discussion & analysis ("MD&A") of the six months ended June 30, 2023.Comment on Facebook
Lewis Black talks to Canadian Mining Journal about Almonty Industries Inc.
In particular, how their operational experience and unrivaled expertise in the #tungsten market has led to revitalizing distressed and underperforming tungsten operations and assets, and turning them into profitable operations.
Read the full article by Canadian Mining Journal using the link below:
bit.ly/3rXSRHm ... See MoreSee Less
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