Almonty Industries Inc ALMTF

Primary Symbol: T.AII

Metals & Mining Industrial Metals & Minerals

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 > Reopening the Sangdong Mine: South Korea’s Quest for Tungste

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Comment by whoisyourpapaon Oct 30, 2024 11:15am

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Post# 36288755

RE:RE:Reopening the Sangdong Mine: South Korea’s Quest for Tungste

therunner wrote: Interesting article whois, thanks for posting.

"...there are concerns in Seoul that the foreign ownership and operation of the Sangdong mine—once the nation’s greatest asset—underscores potential limitations on Korea’s autonomy over its mineral resources." unquote

Do I sense a certain discomfort that the Sangdong mine is owned by foreigners?

Probably. I think this is why LB has been treading so lightly. . .

If the South Korena Govt wants the mine in their control they can by it from us. $10/share shoub be fine :)

whois

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