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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 Oct 17, 2022 10:28am
155 Views
Post# 35028815

RE:RE:How about Sangdong flyover?

RE:RE:How about Sangdong flyover?
  • All of these other tungsten mines are not in the same class.
  • In fact Almonty dodged a few bullets over its aquisition history..... Almonty presented a takeover offer of ATC Alloys Ltd which was refused.  Eventually they purchased Almonty's Wolfram camp in Australia. As of 2020, they are delisted on the ASX.  Ormonde mining, eventually lost their tungsten mine to Oaktree.....now they are nowhere.
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