Almonty Industries Inc.

Almonty Industries Inc. is pleased to announce that the Company has received firm commitments to raise gross proceeds of the equivalent of A$5.95 million via the issuance of 2.0 million Canadian units and 4.56 million Placement Chess Depository Interests Units at C$0.82 per Canadian unit and A$0.90 per CDI Unit , respectively. Each Canadian unit and CDI Placement Unit participant will be issued with one warrant for every [...]

Almonty Industries approaches production start at the Sangdong Tungsten Mine in South Korea Mine prepared for ore extraction Rapid progress in processing plant construction Significant long-term potential through downstream and molybdenum projects Share price up 66% since the beginning of the year In the last 12 months, Almonty Industries, wholly owning the Sangdong tungsten mine in South Korea, has nearly completed the [...]

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 supply an enormous new source of tungsten from outside of China. This press [...]

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 been designated as Opportunity Development Special Zones. Among these zones [...]

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 mine management and over 40 years in financial management, with a proven [...]

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 information is for the three and nine months ended September 30, 2024 and [...]

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: https://www.businesswire.com/news/home/20240911046423/en/ Pilot Processing [...]

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 Geological Sciences in Busan, South Korea. Amongst a multitude of endeavors, the [...]

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 a significant milestone in the resurgence of Korea's position as a key [...]

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 the three and six months ended June 30, 2024 and 2023: Almonty Industries [...]