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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 GaiusGermanicuson May 05, 2022 10:08pm
158 Views
Post# 34660974

RE:China's Domestic Tungsten Prices remain stable

RE:China's Domestic Tungsten Prices remain stableA silly article.  Chinese domestic prices will remain precisely where the Party wants them.  If it's politically useful they can stay stable forever.  That doesn't mean a potential buyer will actually be allocated any of the supply if it becomes scarce, but if he does get some it'll be at the "stable" price.

Please note investors.  The internal economics of a communist nation are a fiction.  Don't believe in them or positions based on those fictions.

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