Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Voyageur Signs Letter of Intent with Large Multinational Pharmaceutical Company (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Almonty Industries Inc T.AII

Alternate Symbol(s):  ALMTF

Metals & Mining Copper
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
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(152)
•••
Post by TechOneon Jul 27, 2021 11:52am
168 Views
Post# 33610203

ALMONTY - LARGEST TUNGSTEN MINE OUTSIDE OF CHINA

ALMONTY - LARGEST TUNGSTEN MINE OUTSIDE OF CHINAThe fields of application for tungsten are varied, but the main problem facing western industrial groups is that China has the upper hand over 80% of the world's tungsten, because these are produced in China. To reduce dependency, the Canadian tungsten company Almonty Industries (WKN: A1JSSD ISIN: CA0203981034 Ticker: ALI) has bought the largest tungsten mine outside of China, the South Korean Sangdong Mine, and is currently reactivating it. The reactivation phase should be completed and put into operation by 2022. With the planned start of production in 2022, this mine will account for around 30% of non-Chinese tungsten world production and around 7-10% of world production. With the purchase guarantee of the tungsten for 15 years over a volume of 750 million CAD by the Austrian Plansee group,Almonty Industries has already secured annual revenues of CAD 50 million. Even if the Almonty Industries share has already doubled in the past 12 months and is currently being consolidated, this share is a clear buy in the long term.

https://translate.google.com/translate?sl=de&tl=en&u=https://www.derfinanzinvestor.de/kommentare/automobilindustrie-im-wandel-volkswagen-aston-martin-almonty-industries%23toc-almonty-gr-te-wolframmine-au-erhalb-chinas


<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities