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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.


TSX:AII - Post by User

Almonty Industries Inc > Perfect Storm is Brewing
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Comment by QuarterDollaron Sep 23, 2022 8:30am
158 Views
Post# 34981196

RE:RE:RE:RE:RE:Perfect Storm is Brewing

RE:RE:RE:RE:RE:Perfect Storm is Brewing
  • Good Point's Ionade
  • I am think the future will be hydrogen fuel cells or fusion reactor and I don't think it will be batteries unless the technology significantly changes and is more economical.
  • Take EVs for example.....you buy an EV and then 5-7 years later, your batteries are exhausted and need replacing.  The cost of replacing the batteries is 1/2 the price of a new car. Do you buy a new car or replace the batteries?  Then what happens to the secondary car market? It will basically dry up because now our car's have become appliances. But no one talks about that.
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