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.

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Almonty Industries Inc > MOU

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Comment by cubesoftungstenon Jul 12, 2024 4:26pm

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Post# 36130846

RE:MOU

Considering how hesitant Lewis was to provide any updates due to "NGOs", I wouldn't be surprised if there has been a bunch of political back and forth on this and Lewis really didn't want this to be derailed by local protests. That must not be a concern anymore, or at least they are far enough along with construction that protests won't stop them from coming online. Now that they are doing more local visibility, I am hoping that actual construction updates will be forthcoming soon.

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Critical materials crisis: Diversifying away from China’s monopoly