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Almonty Industries Inc. - Construction Update at Sangdong Tungsten Mine

Toronto - Almonty Industries Inc. is pleased to announce a construction and financing update in relation to its Sangdong Tungsten Mine.
As announced on 3 April 2023, construction works are. | May 1, 2023 ....

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Fourth Sangdong Tungsten Mine Loan Facility Drawdown

Almonty Industries Inc. is pleased to announce that it has completed its fourth scheduled drawdown of the total US$75.1 million KfW IPEX-Bank project finance facility for its Sangdong Tungsten Mine located in South Korea. The total amount drawn under. - Veroeffentlicht am 03.04.2023 ....

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[INTERVIEW] Almonty set to mine for Korean tungsten to challenge China's dominance

Korea is still among the countries that rely heavily on tungsten imports from China, despite the local existence of the Sangdong Mine in Yeongwol County, Gangwon Province, which is known to have the world s largest tungsten deposit. As the mine has remained closed over the past three decades, the proportion of tungsten oxide coming from China even reached 96.7 percent of all tungsten oxide consumed in Korea, according to the Korea International Trade Association. The raw material is used to make gas for semiconductor processing. Almonty Industries, a Canada-headquartered global mining company that owns Sangdong Mine, however, is set to diminish Chinese dominance in the market, by reopening the tungsten mine in the near future. ....

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Original-Research: Almonty Industries Inc. (von Sphene Capital GmbH): Buy

^ Original-Research: Almonty Industries Inc. - von Sphene Capital GmbH Einstufung von Sphene Capital GmbH zu Almonty Industries Inc. Unternehmen: Almonty Industries Inc. ISIN: CA0203981034 Anlass der Studie: Aufnahme der Coverage Empfehlung: Buy seit: 15.11.2022 Kursziel: CAD 1,67 Kursziel auf S. ....

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Almonty Industries Inc.: Almonty Raises a Further A$2.12m in Private Placement to Advance Ongoing Growth Opportunities

Almonty Industries Inc. ("Almonty" or the "Company") (TSX: AII ASX: AII OTCQX: ALMTF Frankfurt: ALI) is pleased to announce the closing of a private placement of 2,494,118 Chess Depository Interests ....

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