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Almonty Industries Inc ALMTF


Primary Symbol: T.AII

Metals & Mining Industrial Metals & Minerals
Almonty Industries Inc. is engaged in the mining, processing and shipping of tungsten concentrate from its Los Santos tungsten mine located near Salamanca, Spain, the processing and shipping of tungsten concentrate from its Panasqueira tin and tungsten mine in Covilha, Castelo Branco, Portugal, the evaluation of its Valtreixal tin and tungsten mine project located in Western Spain, as well as the evaluation and expected re-opening of its Sangdong tungsten mine project located in South Korea.


TSX:AII - Post by User

Almonty Industries Inc
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Post by TechOneon May 06, 2024 11:49pm
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Post# 36026231

From Linkedin Alminty Post - previously mentioned here

From Linkedin Alminty Post - previously mentioned here Last week, the Korean Economy spoke to Lewis Black, President & CEO of Almonty Industries Inc about their full-scale mining operations scheduled to begin within the year.

Discussions focused around the shifting dynamics within the global tungsten market, underscoring the significant transition occurring in China, which currently dominates the global tungsten market share. Lewis explained...

"China, which accounts for more than 90% of the global tungsten market, is changing from an exporter to an importer due to declining mine reserves and reduced subsidies. This is a strong indicator for hashtag#Tungsten from our hashtag#SangdongMine in South Korea, which has a known lifespan of more than 100 years."

Read the full story below: (Google Translate from KR to EN required) n.news.naver.com/article/01...
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