Primary ticker: ASX: AII, TSX: AII, OTCQX: ALMTF, Frankfurt: ALI Stage of development: Exploration, Development, Production Primary minerals: Tungsten, Molybdenum Project to promote: Project location: South Korea, Portugal, Spain Website:
Almonty Industries is a leading global tungsten producer, with its flagship asset, the Sangdong Mine in South Korea, poised to become one of the largest tungsten operations outside of China. Construction is progressing, and production is expected to begin by 2025. Almonty also operates the historic Panasqueira Mine in Portugal, one of the world’s oldest tungsten mines, along with two additional tungsten projects in spain. Additionally, the company holds a highly prospective molybdenum project located directly beneath the substantial tungsten orebody at Sangdong.
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Management Profile
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What is your rationale for taking part in 121 Mining Investment?
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