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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 May 16, 2024 9:31am
95 Views
Post# 36043100

RE:RE:RE:Tungsten APT Rises Again

RE:RE:RE:Tungsten APT Rises Again
rockminer56 wrote: That an interesting figure as China Tungsten has the price at $368.00 and they are often quoted as expert, as they are the most involved (by volume).
II think Argus is often quoted at a lower price than China Tungsten, and it is curious as to how they get different values.  Would be a possibility of arbitrage if the units were traded in volume on an exchange like gold.
The difference is $21.00 us which is pricey


I just cant trust anything from China or the Asian Metals price index website. You have to register to access ,, A hackers dream.
Steer clear of all things Cineese except food.
I would rather trust Argus over them.

$310 at April 22 2024 to $348 today.
That is a big jump in less than a month, and if this trend keeps up maybe $400 at production start ?
Still the other Almonty mines will benefit.


https://www.argusmedia.com/metals-platform/price/assessment/tungsten-apt-fob-china--per-mtu-wo3--prices-PA00145020000

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