Almonty Industries Inc T.AII

Alternate Symbol(s): ALMTF

Metals & Mining Industrial Metals & Minerals

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.

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Almonty Industries Inc > Tungsten prices

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Post by Lockstock1on Apr 11, 2022 8:24am

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Post# 34592994

Tungsten prices

Almonty looks set for a huge run if $80k tungsten becomes a reality. This is from a newsletter from a new tungsten producer. Although it's promoting their own project in Brazil it has some good insight into tungsten and where it might be going.

"As investors switch into hard assets to protect themselves from inflation, the hardest metal of them all seems set for a major price spike. For what it is worth, I would not be surprised to see tungsten continue its strong move from $35,900 to $80,000 per tonne over the next 12 months."

Full article here - https://eepurl.com/hYMVpv

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