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Almonty to Receive 7th and Penultimate 8th Drawdowns from KfW IPEX-Bank for Ongoing Construction of the Sangdong Tungsten Mine

Almonty Korea Tungsten Corporation has received a fully executed Utilization Request for US$10.6M in conjunction with the seventh and eighth drawdowns on the US$75.1M KfW project loan.

Sandong Tungsten Mine Site Visit by Governor of Gangwon Special Self-Governing Province and County Mayor of Yeongwol

Almonty 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.

Almonty Receives Further and Final Commitments Under Previously Announced Placement

Almonty is pleased to announce that in conjunction with its March 2024 Placement, the Company has closed a fourth tranche through the sale of the previously-announced firm commitment of 3,000,000 Placement Chess Depository Interests Units (“CDIs”) at A$0.62 per ...

Almonty Announces The Filing of its Q1 2024 Unaudited Condensed Interim Consolidated Financial Statements And MD&A for the Three Months Ended March 31, 2024

Almonty Industries today announced the filing of its unaudited interim condensed consolidated financial statements and management's discussion & analysis ("MD&A") for the three months ended March 31, 2024, and 896K in Positive EBITDA from Mining Operations.

Almonty Receives Further Commitments For A$1.9M Under Previously Announced Placement

Almonty is pleased to announce that following its March 2024 Placement, the Company has received firm commitments to raise further gross proceeds of A$1,860,000 via the issuance of 3,000,000 Placement Chess Depository Interests Units (“CDIs“) at A$0.62 per CDI ...

Proposed Extension of Share Purchase Warrants

Almonty announces that it plans to extend, in the aggregate, the term of 700,000 outstanding share purchase warrants (the “Insider Warrants”) that were due to expire on February 19, 2024, by one year.

Almonty Closes Additional Tranches of Private Placement

Almonty is pleased to announce that, further to its news release dated Mar 22, it has closed 3 tranches of its non-brokered private placement through the sale of 4,263,263 CDN units at a price of $0.55 per unit, raising gross proceeds of $2.34M, and 1,525,000 CDI ...

Almonty Announces the Filing of its Audited Annual Consolidated Financial Statements, MD&A & AIF for the Year Ended December 31, 2023 and $2.2M in Positive EBITDA from Mining Operations

Almonty today announced the filing of its audited annual consolidated financial statements, management’s discussion & analysis “MD&A”) and AIF for the year ended December 31, 2023. Unless otherwise indicated, all currency amounts contained in this news release ...
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Tungsten

Tungsten (W), Group 6, Atomic Number 74, d-block, Mass 183.84. Properties, facts, uses, supply and demand, forecast and APT prices.

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