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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 lonadeon Apr 29, 2024 2:45am
99 Views
Post# 36012085

RE:RE:RE:RE:Another Tungsten mine coming soon in South Korea?

RE:RE:RE:RE:Another Tungsten mine coming soon in South Korea? thats why we have a hard floor price (reminder for any new readers, this is a first in this business! again a very clear indication of the quality of the company/management) for phase 1 mining activites. even if china pushes the price down to 50$, we still make enough to make a small profit.

so even if the markets are hit again by a massive political games, the company is covered, will weather out the storm and could come out as one of the winners (e.g. potenitally taking over a weaker competitor with standard offtake agreements and shark financing conditions...).


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