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 > From NCF board

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Comment by QuarterDollaron Sep 26, 2022 10:25pm

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Post# 34988398

RE:From NCF board

Thanks for Post Telemarker

Looks like a tungsten mine NA is out of the question.
With the building of Semiconductor plants and EV vehicles, the US needs to get their act together as far as raw materials go. Because it is looking like supply chain issues will continue for the forseeable future.
Also, inflation will continue for some materials that will continue to be in short supply, and tungsten is one of them. So we should see the continued rise of tungsten price for the next 15 years given the current conditions.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle