Almonty Industries Inc. , has announced a significant milestone in the development of its Sangdong tungsten mine and processing plant with the arrival and installation of cutting-edge grinding equipment from Metso Corporation. This development brings the Sangdong project one step closer to full operations, marking a pivotal moment in the effort to [...]
Almonty Industries Inc. , is pleased to announce that the Company's Sangdong Mine has been recognized as a priority site to attract large-scale corporate investment. The South Korean Ministry of Trade, Industry, and Energy announced at the 2024 Korea Local Era Expo ceremony held in Chuncheon, South Korea, that six regions in Gangwon Province have [...]
Almonty Industries is pleased to announce the appointment of Mr. Fernando Vitorino as Chief Operating Officer of AKTC. In this role, Mr. Vitorino will oversee the Company's operations, drive operational excellence, and support AKTC in achieving its key operational and development objectives. Fernando Vitorino brings over 30 years of experience in [...]
Almonty Industries Inc. today announced the filing of its unaudited condensed interim consolidated financial statements and its management's discussion & analysis for the nine months ended September 30, 2024. Unless otherwise indicated, all currency amounts contained in this news release are expressed in Canadian dollars. The following financial [...]
Almonty Industries Inc. , is pleased to announce the successful completion of its pilot plant trial production, which marks the final stage of flotation processing technology development ahead of processing plant equipment installation at the Company's Sangdong Mine in South Korea. This press release features multimedia. View the full release here [...]
Almonty Industries Inc. , is pleased to announce that, on September 2, 2024, renowned geologists from around the world visited the Company's Sangdong Tungsten Mine in Yeongwol, Gangwon Province, South Korea. These geologists are visiting South Korea to attend the 2024 International Geological Congress , hosted by the International Union of [...]
Almonty Industries Inc. , through its wholly-owned South Korean subsidiary, Almonty Korea Tungsten Corporation , is pleased to announce that it has recently hosted a delegation from the United States Geological Survey at its Sangdong Mine in Yeongwol County, Gangwon Province, to assess the ongoing redevelopment of our tungsten mine. The visit marks [...]
Classification of Sphene Capital GmbH to Almonty Industries Inc. Company Name: Almonty Industries Inc. ISIN: CA0203981034 Reason for the research: Update Report Recommendation: Buy from: 19.08.2024 Target price: CAD 2.31 Target price on sight of: 36 months Last rating change: - Analyst: Peter Thilo Hasler, CEFA H1/2024 above estimates - increasing [...]
Almonty Industries announced the filing of its unaudited condensed interim consolidated financial statements and its management's discussion & analysis for the six months ended June 30, 2024. Unless otherwise indicated, all currency amounts contained in this news release are expressed in Canadian dollars. The following financial information is for [...]
Almonty Industries Inc. , through its wholly-owned South Korean subsidiary, Almonty Korea Tungsten Corporation , is pleased to announce that it has received a fully executed Utilization Request for US$10.6 million in conjunction with the seventh and eighth drawdowns on the US$75.1 million KfW project loan facility related to the construction of the [...]
Almonty Industries Inc. is pleased to announce that its wholly-owned subsidiary, Almonty Korea Tungsten Corporation , has signed a memorandum of understanding with the Yeongwol County Office in South Korea to secure the location of the Sangdong Downstream Tungsten Oxide Plant. Yeongwol is located approximately 30 km's from the Sangdong Tungsten [...]
Almonty Industries Inc. is pleased to announce that on the 3rd of July, 2024, Kim Jin-tae, the Governor of Gangwon Special Self-Governing Province, toured Almonty's tungsten mine redevelopment site in Sangdong-eup, Yeongwol county, South Korea. Governor Kim was briefed on the redevelopment status of Almonty's Sangdong Mine with Choi Myung-seo, the [...]
