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Almonty Industries Inc T.AII

Alternate Symbol(s):  ALMTF

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 QuarterDollaron Aug 01, 2022 1:31pm
159 Views
Post# 34864228

RE:RE:RE:Two Totally Separate Process Plants For Tungsten And Molly !

RE:RE:RE:Two Totally Separate Process Plants For Tungsten And Molly !
  • One more thing to point out. After both Sangdong resources are productionized, any project costing $50M will be trivial to fund.  In other words, we won't be borrowing funds for these projects.
  • We are in the transition process of switching to a Tier One Company, where major projects will cost in the hundreds of millions of dollars.
  • This will be our new reality.
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