Almonty Industries Inc T.AII

Alternate Symbol(s): ALMTF

Metals & Mining Industrial Metals & Minerals

Almonty Industries Inc. is a Canada-based company, which is engaged in the mining, processing and shipping of tungsten concentrate, as well as the exploration and evaluation of its projects. The Company operates through four segments: Los Santos Mine, Panasquiera Mine, Valtreixal Project, and Woulfe. The Los Santos Mine is located in Spain whose operations relate to the exploration and mining of Tungsten. The Panasqueira Mine is located in Covilha Castelo Branco, Portugal, whose operations relate to the exploration and mining of tungsten, as well as the production of copper and tin concentrate by-products. The Valtreixal Project is located in Spain whose operations relate to the exploration and evaluation activities of the Valtreixal tin/tungsten project. Woulfe’s properties are located in Gangwon Province, Republic of Korea. The Woulfe's operations relate primarily to the exploration, evaluation and development of the Sangdong Project.

TSX:AII - Post by User

Almonty Industries Inc

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Comment by Tunggeron Jan 26, 2017 10:21am

236 Views

Post# 25757788

RE:RE:RE:Tungsten Market Looks to Rebalance in 2017

From Argus yesterday: Tungsten Price: From your mouth to London Metal Bulletin's ears! "The market is still processing the announcement by Almonty Industries that it has signed a number of fixed price offtake agreements with existing customers at $210 MTU contained tungsten/effective price APT $269MTU. For APT prices to average $269MTU in 2017 as a whole, spot prices would have to move to at least $300 by year end."

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