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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 Mar 13, 2022 1:37pm
158 Views
Post# 34510126

RE:China Imports And Exports APT ?

RE:China Imports And Exports APT ?
  • I was aware of China importing and exporting tungsten but never really looked into it. I will admit it did puzzle me, but I forgot to look into it further....
  • China exports the raw ore and imports the concentrate, so yes it appears China has a processing problem or do they....
  • We know that it takes enormous amount of energy to convert tungsten to APT. Perhaps China doesn't have the infrastructure for that.
  • As for tungsten concentrate, there is the gravity fed equipment and from listening to LB, it appears that gravity fed takes a very long time to tune i.e. years. Then there is flotation, but that would require an enormous amount of chemicals. China has been trying to clean up their environment which could be an explanation over the past several years. An explanation before the environmental cleanup may be Chine just wanted the quick revenue.  
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