ALMONTY INDUSTRIES CDI
Almonty Begins Commercial Mining at Sangdong Tungsten Mine in South Korea
Almonty Industries (ASX: AII) has successfully delivered the first truckload of ore to the run-of-mine pad at its Sangdong mine in South Korea, marking a pivotal transition from early-stage mine development to active mining operations.
Almonty Industries signs three-year tungsten oxide supply agreement for US defence applications
Almonty Industries (ASX: AII) has signed a binding offtake agreement with US-based defence contractor Tungsten Parts Wyoming (TPW) and Israeli processor Metal Tech. TPW has agreed to purchase a minimum of 40 metric tons of tungsten oxide per month from Almonty, which is currently mining, processing and shipping tungsten concentrate from its Panasqueira mine in […]
Almonty Industries partners with American Defense International to target US critical minerals sector
Almonty Industries (ASX: AII) has entered into a strategic partnership agreement with American Defense International Inc (ADI) to support its position as a leading allied supplier of tungsten to the US defence and technology industries. The partnership represents a significant step in strengthening Almonty’s strategic positioning within the critical metals sector and will enhance engagement […]
Almonty Industries closes-in on plans to become world’s largest tungsten producer outside of China
With governments across the world scrambling to shore-up domestic critical mineral supplies, Almonty Industries (ASX: AII) is cornering the tungsten space with plans to become the largest producer outside of China. Almonty, which is also listed on the Toronto Stock Exchange, already has the Panasqueira mine in Portugal in operation, which was acquired in 2016 […]