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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 TwelveBaggeron Jun 06, 2024 10:52am
166 Views
Post# 36075227

RE:Some good recognition!

RE:Some good recognition!This is incredible - they anticipate Los Santos to add 14 million in revenue next year and Sangdong to add 64 million. They currently only do about 23 million per year. They see Sangdong producing 142 million on its own by 2026.

Total revenue of 22.5 last year and estimates of 185 million by 2026




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