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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 5ilverlining808on Sep 23, 2023 9:26am
157 Views
Post# 35650578

RE:RE:G6M Dolphin Sept 20

RE:RE:G6M Dolphin Sept 20
rockminer56 wrote:

Please send a copy of this to Lewis..


You might want to post it your self to Lewis rockminer, as TM is not a shareholder of Almonty (yet).

I'm positive Lewis is well aware of this article, and might be unsurprised the process plant needs significant upgrades and tweeks so soon. as I think they dove into a shallow pool head first without testing the depth, which Wesson wanted to do.

A quick build is a good build ??
For King Isalnd project, I think..yes, as it is a very short term (10 or more years) project.
Jump in, rip it out, sell it, profit.
They do have to do extensive soil and site remediation to bring the area back to pre-mine days conditions.
That means after the mine is exhausted they have to strip the site of all equpiment. buildings, concrete structures and more to ship off the island to the mainland.
Most of the first can be sold and reused for another mineral process mining provider, and most, if not all are the same for all mineral processes.

In the end the locals of King Island should have a inland harbour or a massive deep trout fishing/swimming/boating lake.
I wish them the best.

80 or 90 years laler Almonty must do the same for Sangdong, but no lake.

The next IIF might (I hope) shed some light on progress at Sangdong.
I'm positive there will be no issues at Sangdong as there is at Dolphin project.
Lewis is very niggly and has a very strong attention to perfection to prove to the bank no stone will be left unturned.
But....sometimes it just goes too far.
IIF Oct 10th.








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