Almonty has four projects spanning across South Korea, Portugal and Spain. Of these projects, Almonty currently has one producing tungsten mine located in Portugal, one tungsten mine currently under planned care and maintenance in Spain and it is currently developing a significant tungsten mine outside of China via its flagship project in Sangdong, South Korea, which is set to begin production soon. Almonty also has a project in Spain which is currently in the licensing stage.
It is anticipated that AII will list on the ASX during July 2021.
Almonty Industries Inc. engages in the mining, processing, and shipping of tungsten concentrate. Almonty Industries is headquartered in Toronto, Canada.