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.

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Almonty Industries Inc

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Comment by chrisp6712on Mar 15, 2018 10:42am

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Post# 27719767

RE:RE:RE:AGM & Special meeting coming up March 28, 2018

It makes sense that it is Global Tungsten & Powders/Plansee Group. They are privately held and that is why no other company issued a press release about the off-take agreement. If it was IMC or any other publically held company they would have had to disclose the agreement. Plansee owns 19.9% of Almonty due to the shares for loan swap. They are a big enough company that could provide finnacing of Sangdong in exchange for tungsten.

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