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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 Markidesadon Jun 19, 2023 4:55am
193 Views
Post# 35502879

RE:Large ammo order made

RE:Large ammo order madeAs a holder of RHM, I can only confirm this fact, It will be a VERY huge order in Germany.

"1110 GMT - Shares of German arms maker Rheinmetall are on the rise after CEO Armin Papperger told Reuters that he expects to strike an ammunition deal worth billions of euros with the German government in coming weeks. Papperger said 2023 "will certainly be our best year ever as regards order intake," projecting defense orders worth a "double-digit billion euros" sum. Papperger said he hoped the group could announce the ammunition deal with Germany in the next six weeks. Rheinmetall shares trade 4.6% higher at EUR259.00. (mauro.orru@wsj.com; @MauroOrru94)"

Regards from Antwerp (BE)
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