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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 Apr 05, 2022 11:32am
192 Views
Post# 34576807

RE:RE:RE:RE:RE:RE:RE:RE:Sangdong Mine Extension

RE:RE:RE:RE:RE:RE:RE:RE:Sangdong Mine Extension
  • Ionade, if we had the status quo then I would agree with you on regular NR releases as the Mine was developed. But this isn't the case, LB has to focus on the plan execution of the build out plus the design and integration of a WO3 plant. It is probably too early in the design phase to know exactly what is contained within the recycled tungsten. So I think LB will be heavily involved in that.
  • Then LB will have to focus on any value added processing for the Moly. There will be a lot of discussions between the SK Govt and Industry on that.
  • I think we will get the imporant news updates for the next while.
  • This is just my opinion and the way I see it.
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