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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 > Almonty to relocate to US
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Comment by TwelveBaggeron Jan 19, 2025 10:31pm
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Post# 36411385

RE:RE:Almonty to relocate to US

RE:RE:Almonty to relocate to US

1dollarinto2 wrote:

This move makes perfect sense given everything in the press release. Almonty has no business, operations or sales that I know of in Canada but has significant business links to the United States.

Likely helps ensure future sales contracts to rebuild the USA's tungsten reserves and makes things easier for Aii's offtaker. 

Just speculating now, but maybe also helps to solidify the molybdenum development.


 

potentially getting ahead of the pending trade and tariff war set to begin between Canada and the U.S. this week as well

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