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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 > Los Santos News Release out on ASX
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Comment by QuarterDollaron May 15, 2023 1:42am
158 Views
Post# 35447729

RE:Los Santos News Release out on ASX

RE:Los Santos News Release out on ASX
  • Capturing 800,000 MTUs of WO3 at 0.14% means they have to process 5.7 million tonnes of tailings.  Sure 800,000 MTUs will generate a significant amount of revenue but at what cost?  How profitable will this initiative be i.e. profit per MTU? 
  • And how long will it take to extract all of the tungsten from the tailings? Years?
  • It is great to have good news but I will there was more details.

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