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 > Two Totally Separate Process Plants For Tungsten And Molly !

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Comment by QuarterDollaron Aug 01, 2022 1:31pm

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Post# 34864228

RE:RE:RE:Two Totally Separate Process Plants For Tungsten And Molly !

One more thing to point out. After both Sangdong resources are productionized, any project costing $50M will be trivial to fund. In other words, we won't be borrowing funds for these projects.
We are in the transition process of switching to a Tier One Company, where major projects will cost in the hundreds of millions of dollars.
This will be our new reality.

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