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Bullboard - Stock Discussion Forum Almonty Industries Inc T.AII

Alternate Symbol(s):  ALMTF

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... see more

TSX:AII - Post Discussion

Almonty Industries Inc > Almonty briefly mentioned in AMCHAM article
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Post by Auscri on Dec 04, 2020 6:16pm

Almonty briefly mentioned in AMCHAM article

https://www.amchamkorea.org/bbs/board.php?bo_table=latestnews&wr_id=53

Q. Have you received a lot of inquiries from companies to move from Hong Kong or China to Korea recently?
 
A. Yes, we have. I can't disclose names to you but The New York Times was such a visible decision. There are companies that are interested in expanding more in Korea just because Korea is getting a lot bigger. If you take a look at why the great companies are here, it’s not just because the market itself but because of the important partnership opportunities with companies like Samsung, LG and Hyundai. They’re huge global companies today, and if you want to have collaboration with them, they really should be here.  
 
Almonty Industries, for example, is now producing the largest tungsten [mine] in Korea. They’re in the process of finalizing here. Right now, 80 percent of our tungsten comes from China. So this is the play where they’re going to diversify away from China. And tungsten is a very important resource for semiconductors and IT companies.
Comment by 5ilverlining808 on Dec 05, 2020 7:07am
Just another example of interest and acknowledgement to the potential of Almonty Korea Tungsten. I dont think there is any existing, re-start or new mine start-up / exploration projects, as well as all the analysis web sites for Tungsten and critical metals that does NOT mention Almonty in some way or another. It is kind of funny and good to see other companies try to compare them selves to ...more  
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