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Almonty Industries Inc ALMTF


Primary Symbol: T.AII

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

Comment by 5ilverlining808on May 17, 2024 12:13pm
75 Views
Post# 36045681

RE:RE:RE:Trading Volume-ASX

RE:RE:RE:Trading Volume-ASX
whoisyourpapa wrote: Chinatungsten has APT at $371.30


Argus went up $5.00 to $352.50.

ARGUS Header:
"Tungsten APT fob China (per mtu WO3) prices USD/mtu

Argus brings transparency to the global metal markets through its independent price assessments and unbiased reporting."
 

Why the difference ?
Maybe China has a long standing reputation of manipulating things and now wants to stockpile critical metals ?
If any thing I thought China would under value Tungsten.
BUT ??
Could they be upping their prices to ensure the sales come to them ?
They have the cash and they are historically very shrewd and ruthless in all business dealings.
Buy at a high price that no one can refuse.



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