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 > IIF Presentation - Posted to YouTube

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Comment by rockminer56on Oct 11, 2023 2:52pm

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RE:RE:RE:RE:IIF Presentation - Posted to YouTube

whoisyourpapa wrote: I'm guessing it would be an offtake with the US governament with money paid upfront for Almonty to do the required work

My guess is that the U.S. Govt would provide loan financing or a Bank guarantee to Almonty to open up level 4. Lewis mentioned that the capital they had was being used to open Sandong and without some external event the work on Panasqueira would have to wait.

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