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An Economy Built on Tungsten

Stockhouse Editorial
0 Comments| June 4, 2019

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Almonty Industries Inc. (TSX:AII, OTCQX:ALMTF, Forum) is a miner, processor and shipper of tungsten concentrates. This critical raw material was recently classified as one of the Top Five Critical Mineral Resources and has played a major role in the development of the modern industrialized world. It is an essential component in the production of electronic devices from smart phones to laptops.

Tungsten was a driving force for Korea, turning it from one of the world’s poorest countries to become the fifth-largest exporter and 11th-largest GDP in the world, as well as the world’s largest tungsten producer.

The above video from the Company details tungsten’s role as a resource and its past, present and future.



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