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 > Metso Equipment Has Started to Arrive at Almonty’s Sangdong

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Post by TechOneon Jun 24, 2022 10:04pm

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Post# 34781871

Metso Equipment Has Started to Arrive at Almonty’s Sangdong

une 24, 2022 – Almonty Industries Inc. (“Almonty”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI.F) is pleased to announce that orders placed back in January 2021 for the long lead time items, being the primary crusher and the sag mill, with Metso/Outotec have started to arrive at our Sangdong Mine in South Korea.

Almonty’s Chairman, President and CEO Lewis Black commented:

“The importance of the placing of the order and payment of the deposit for the long lead time items of the primary crusher and the Sag mill marks a turning point at our Sangdong project. After 4 years of planning, I now look forward to seeing both mills being delivered into place at the world’s largest Tungsten mine.