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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 whoisyourpapaon May 11, 2022 8:51am
180 Views
Post# 34673389

RE:News release

RE:News release No matter how much time goes by we are always 1 year away from commissioning LOL

Good update with company making good progress considering everything going on globally.  Best part is that we are looking to use less than one third of the 15% contingency.  A contingency that exists because kwf bank required it to be there because theres no scenario that they don't consideer when contemplating a loan, hence their record of no defaults by companies on their loans.

Good Luck to All Longs. . .

whois
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