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 > Thanks for the chat today

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Comment by QuarterDollaron Jun 15, 2022 10:25pm

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Post# 34760171

RE:Thanks for the chat today

I was listening to LB latest presentation at the IIF and at the 19:45 mark, LB says they are going to be producing at maximum capacity i.e. 1.2 M tonnes , right from the start of Almonty Production, so in 1.5 years we should be producing at Max Capacity.
Obviously the would require addition work to be done now, including review of the design plan. Perhaps this has contributed to the delay.
If this is the case, I am ok with it as the original plan was to produce 640 M tonnes and then increase capacity over 2 years to 1.2 M tonnes as we will be at max capacity 2 years sooner.

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