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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 12, 2023 8:21am
120 Views
Post# 35444944

RE:PR Person

RE:PR PersonYou're right a lot of activity on Facebook in the last few days.  Looks like the new PR person introduces themselves on there.  Also there is a new emal address: marketing@almonty.com

We believe our human resources are #rocking the future. Let us introduce a new employee of Soonyoung Kim, #AKTC PR officer in Seoul.
 
[Newbie’s Talk] 
A new visit to Sangdong Mine in Yeongwol, Gangwon-do, South Korea 
 
Is mining a sustainable business in the future? 
It was as if we were entering the future. 
 
As a new employee of Almonty Korea Tungsten, I visited Sangdong Mine in Yeongwol for the first time. Sangdong mine can produce 10% of the world's tungsten supply. 
Tungsten is a mineral that is used in various fields because it has almost diamond-like performance and good cost-effectiveness. Therefore, it is a strategic mineral that is essential for future industries such as smartphones, electric vehicles, secondary batteries, and the aerospace industry. 
 
Before entering the Sangdong Mine, I received safety training from the safety manager of Almonty Korea Tungsten. In particular, visitors learned hand signals with lamps attached to helmets to communicate when dangerous situations arise in the dark mines. The inside of the gallery was a huge space that overwhelmed me more than I had imagined. These days, trucks and drilling equipment go in and extract target minerals, so it is said that the size of the tunnel is designated to transfer large-scale vehicles on two lanes. 
 
In fact, it took a long time to dig tungsten with an excavator in the pit. I was in awe of the hard work of the engineers working in the pit. 
It is said that tungsten is an essential resource for making semiconductors, which will be used throughout the sustainable industry in the future. I was able to vividly witness that the core resources leading to the future are now being developed at Sangdong Mine in Yeongwol, Korea.
 
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