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Almonty Industries Inc T.AII

Alternate Symbol(s):  ALMTF

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

Comment by 5ilverlining808on Feb 12, 2021 10:52am
146 Views
Post# 32551950

RE:RE:RE:Elon Musk - Almonty

RE:RE:RE:Elon Musk - Almonty Understood :
The grade, percentage or quality of a mines ore deposit does not impact the final product for use in things like metal lathe cutting tools as the processed ore is furthure refined by the tool manufacturer to make these tool bits, regardless of where the ore came from it is up to the tool maker to determin there products quality. 
(not the miner).
They can weed out all impurities as needed.

The mines must guarantee a saleable product to meet these needs and the lower the grades or lack of constant delivery times, some may suffer with a low output and prices, but it does not mean the tool makers will not take their products.
They have a far more complicated process to make these cutting tools.

Here is the good part for tooling :

All the machined shafts, bearings used in all the mines crushers, pumps and screens need these tools to make these parts for us and world wide.

The big one is the mills trunnion bearings :

Massive CNC tables with multiple cutting slow moving tool bits to precisely cut and mill a perfect hole in (say) a 2.0 metre diameter blank .
The largest that I have seen was the size of a house footprint for a Coal bucket reclaimer slew ring bearing.


https://www.911metallurgist.com/blog/trunnion-bearing-assembly-ball-mill-rod-mill
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