Almonty Industries Inc T.AII

Alternate Symbol(s): ALMTF

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.

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Almonty Industries Inc > Ramp Up.

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Comment by QuarterDollaron Aug 22, 2022 5:29pm

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Post# 34912543

RE:RE:RE:RE:RE:RE:Ramp Up.

How much tungsten will Sangdong produce annually?

1.2M tonnes of ore will be extracted
According to the Investor Presentation, the grade is 0.45%. Lets assume it is 0.42%
This translates to 504K MTUs per year.
LB has stated the grade is 25% - 45% higher....
If this is the case, then that will translate to 630K MTUs to 730K MTUs
These calculations don't factor in 5ilvers other production enhancements such as increasing the mining equipment throughput to 1.6M tonnes per year, or the build out of other processing plants.