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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

Post by 1dollarinto2on Oct 15, 2024 10:34am
227 Views
Post# 36266272

IIF Presentation - All Good News

IIF Presentation - All Good NewsMain takeaways:

1. Production to start in 2024 or Q1 2025 at the latest. Not sure on commercial production but with all the pilot plant work it should follow not too long after.

2. Pictures from site are from 3-4 weeks ago.

3. Moly is looking for an offtake agreement as the next step and advancement will be coming quickly.

All is well with Almonty, thanks Lewis for an informative and positive presentation.
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