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Almonty Industries Inc.
Innovation & Integrity in Tungsten
Global Conflict-Free Tungsten
Almonty Korea Tungsten Corporation, Ensuring Community Prosperity through Acquisition of Local Gas Station
AKTC, which has been pursuing sustainable management with the aim of coexisting with the local community, took over the gas station in May 2024 as it decided to overcome the situation where the gas station was on the verge of disappearing from local residents.
Construction Update at Sangdong Tungsten Mine
As announced on 3 April 2023, construction works are continuing to progress in accordance with our construction schedule and the total amount drawn under the KfW Loan Facility now stands at US$32.3 million.
Powering the Future: Tungsten (W) and Robotics / Artificial Intelligence
The field of robotics and artificial intelligence is rapidly expanding in 2023, with tungsten emerging as a crucial element for their success.
Fourth Sangdong Tungsten Mine Loan Facility Drawdown
Toronto – April 3, 2023, – Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI.F) 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 (the Loan Facility) located in South Korea.
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Almonty Industries: Redefining Global Tungsten Mining
Almonty holds a distinctive position in the tungsten market, supported by its established global projects network and track record of consistently positive economic performance.
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Trusted and experienced operations in conflict-free regions by diversified tungsten specialists.
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