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.

TSX:AII - Post by User

Almonty Industries Inc > DoD Makes Investment to Strengthen the Tungsten Supply Chain

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Post by therunneron Dec 13, 2024 9:43pm

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Post# 36362103

DoD Makes Investment to Strengthen the Tungsten Supply Chain

US defense department and Canadian govt are giving USD 15.8 mill and CAD 12.9 mill to Fireweed, that's just to help them to get to a FID.

Details at https://www.defense.gov/News/Releases/Release/Article/4000947/department-of-defense-makes-investment-to-strengthen-the-tungsten-supply-chain/

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