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 > Mine Development

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Comment by 5ilverlining808on Apr 01, 2023 10:39am

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Post# 35373545

RE:RE:RE:Mine Development

QuarterDollar wrote: @5ilver

Is that second drive needed to be processing or the ramp up phase? Or can they start something sooner i.e. within a few months?

Yes, they can start sooner.
But historicaly probably not, sadly.

With one mill on line that is 320k tonnes per year through put and that can start right now if they do the build .
It would be a great test for the process plant before bringing the second mill on line, which should not be long after.
When the second mill drive is delivered and installed, double that to 640k tonnes per year of through put. This is a through put of raw ore into the plant and not product out put.
When the ramp up is started the other two mills will be installed to have a total through put of 1.2 mil tonnes per year.

I'm not sure what Lewis is planning, but I do know it is not in line with what I have been involved with.on many projects like this in the past.
Triple checking every nut and bolt ?
No, just build the plant.

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