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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 QuarterDollaron Nov 24, 2021 5:55pm
199 Views
Post# 34163429

RE:RE:RE:RE:RE:RE:RE:RE:RE:Another loan

RE:RE:RE:RE:RE:RE:RE:RE:RE:Another loan
  • The last condition (CP) was between the Plansee Group and KFW which was met 4 weeks ago, which we are now waiting on the lawyers and the bureaucrazy between the two large organizations to create their mountain of paper and provide their signatures.
  • Goes to show how tightly coupled Almonty is to the Plansee Group, and things are done at the pace and in the arena of the big boys.  But the good news is we have some of the very largest heavy hitters backing Almonty which will drive huge growth and drive Plansee growth as well. 
  • But when the announcement is made, things will start to happen. Cross our fingers that news will come before Xmas.
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