Almonty Is On Top !The last 3 posts I made show that :
- USA is desparate for non China Tungsten.
- Australia wants in, and to expand in Vietnam.
- UK mine is asking for help and in dire straits.
In just over 3 months (March 2025) Almonty will (wether permitting) be in commissioning mode and technically in production.
It has been a long hard slog for Lewis, and for the longs tenacity to stay.
Sangdong is years ahead of those mentioned and the only mine to start recent production was Dolphin G6M, which will likely expire in 10 or so years.
If it streaches out to 20 years with further expansions, they still need to spend $mils to clean up the mess and rejuvenate the site to near pristine.
In the last 13 IIF Lewis said the site will eventually go through a beautification stage.
I imagine cherry blossum trees and fields of chilli that will cover the area for decades to come.