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Almonty Industries Inc T.AII

Alternate Symbol(s):  ALMTF

Metals & Mining Copper
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
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Post by TechOneon Feb 25, 2024 6:43pm
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Post# 35898179

Almonty on Linkedin

Almonty on Linkedin
Almonty Industries Inc
Exciting News from Panasqueira Mine!
We're very excited to announce the entry into Level 4 (L4), a pivotal moment in our rich history of tungsten mining. The L4 opening is set to commence in Q1/2024, and signifies a new era of progress and opportunity for Almonty Industries Inc.

Key Facts:
L4 poised to redefine #tungsten mining.
Scoping study completed for ambitious project.
Operational efficiency and timely execution at the forefront.
Focus on underground development for enhanced production.

Operational Highlights:
Strategic shift for optimized extraction.
Ongoing exploration drilling for resource maximization.
Utilization of existing surface infrastructure.
Low-risk operational profile for stable investment.

Recognition and Partnerships:
 U.S. Department of Commerce visit highlights global importance.
Addressing demand from defense and oil & gas industries.
Cornerstone of sustainable mining practices and community development.

Recent Development:
Entry into Panasqueira Mine's L4 marks a significant milestone.
Commitment to progress and excellence in mining operations.
Embarking on a transformative journey, delivering value to investors and stakeholders.

Read more in the full article by #Almonty below:

https://almonty.com/2024/02/24/unlocking-the-potential-of-panasqueira-mine/
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