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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.


TSX:AII - Post by User

Almonty Industries Inc
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Post by TechOneon Nov 20, 2024 9:18pm
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Post# 36322964

Deutsche Rohstoff — Third Quarter 2024

Deutsche Rohstoff — Third Quarter 2024Following is all I found..  Not that I am looking very hard - From 3rd Qtr. Earning Report 

Page 3

Metal sector

Further progress can also be reported in the metals sector. Almonty Industries, in which we hold a 12% interest, successfully completed the necessary pilot plant tests for the Sangdong mine in South Korea. Preparations for mining were completed in the third quarter. At the same time, extensive infrastructure was created to supply the mine. Currently, the construction of the processing plants is in progress. The start of production is now within reach. The KfW credit facility of USD 75.1 million has been fully drawn down as planned. The Panasqueira mine in Portugal, operated by Almonty, is characterized by stable operations. In connection with solid global tungsten demand and slightly rising prices, these developments led to Almonty‘s share price increasing by 44.44% to CAD 0.78 from January 1, 2024 to September 30, 2024.

https://rohstoff.de/fileadmin/static/images/05_investoren/03_finanzberichte/2024/2024-11-04_drag_9m_eng_final.pdf
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