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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.


TSX:AII - Post by User

Almonty Industries Inc > Next IIF is on October 10th..
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Comment by 5ilverlining808on Sep 12, 2023 1:02pm
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Post# 35631845

RE:RE:RE:RE:RE:RE:RE:RE:Next IIF is on October 10th..

RE:RE:RE:RE:RE:RE:RE:RE:Next IIF is on October 10th..
GastownGuy wrote: I am just wondering if it is possible for the korean government to declare tungsten a strategic metal for their economy and nationalize the sangdong mine, essentially kicking us out of the country. This is happening in other parts of southeast asia, like lynas rare earth mine in malaysia 


South Korea and Tiwan are both South East,Asiian Nations.
They work and behave as Western Nations do in minerals and commerce.
Vietnam has long ago  (late1989) developed as a Communist Country to welcome the Western ways as well.
If the South Korean Govt declares Tungsten as a critical metal, then they join the rest of the Western World on that point.
So what ??
I just cant see any thing like a "kick out" when the job is still, and needs to be done.




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