Toronto-based
Almonty Industries Inc. (TSX:AII,
OTCQX:ALMTF,
Forum) is a miner, processor and shipper of tungsten concentrates from its Los Santos Mine in western Spain and its Panasqueira mine in Portugal.
The Company is also developing the Valtreixal tin/tungsten project in north western Spain and its Sangdong tungsten mine in Gangwon Province, South Korea. The Sangdong mine was historically one of the largest tungsten mines in the world. The project is approximately 4,000 meters of 4.5m x 4.5m transportation drifts, loading points, passing bays and cross cuts connecting to ore bodies. The targeted commencement of full-scale mining is expected to begin by early 2020.
This video provides and overview of the Sangdong Mine site, description of reserves, construction completed and future construction and production plans for
Almonty Korea Tungsten.
FULL DISCLOSURE: Almonty Industries Inc. is a client of Stockhouse Publishing.