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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 lonadeon Feb 28, 2022 11:52am
140 Views
Post# 34467934

RE:RE:RE:RE:RE:RE:Tungsten Consumption

RE:RE:RE:RE:RE:RE:Tungsten Consumption
lonade wrote:

i was not meaning to address the political side. 

that huge investment and fundamental shift for the near future leads to massive increase of tungsten demand just from one country. more will follow. korea will now ahne their position strengthened on how important it will be to have the 55% of sangdong production; the past days will have shown that they must have that supply at any cost.

for this world it's never good to see all this increase of military spending; but we've proven again as humans that we are simply too stupid. 
so we all have to make the best of the situation...almonty will have strong demand and fundamentals; stocks that will prevail and even prosper in these difficult conditions is where to have your money.
almonty is the ideal example for that. 



i meant " korea will now see their position" 
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