Company
Almonty Industries Inc.
Headquarters: Toronto, ON, Canada
Founded: 2011
Employees: 384
CEO: Mr. M. Lewis Black
Market Cap
C$175.5 Million
CAD as of July 1, 2024
US$127.7 Million
Almonty Industries Inc. Categories
Canada Basic Materials Other Industrial Metals & MiningCanada Basic Materials Canada Other Industrial Metals & Mining
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Industry: Other Industrial Metals & Mining
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Sector:
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Detailed Description
The principal business of Toronto, Canada-based Almonty Industries Inc. is the mining, processing and shipping of tungsten concentrate from its Los Santos Mine in western Spain and its Panasqueira mine in Portugal as well as the development of its Sangdong tungsten mine in Gangwon Province, South Korea and the development of the Valtreixal tin/tungsten project in north western Spain. The Los Santos Mine was acquired by Almonty in September 2011 and is located approximately 50 kilometres from Salamanca in western Spain and produces tungsten concentrate. The Panasqueira mine, which has been in production since 1896, is located approximately 260 kilometres northeast of Lisbon, Portugal, was acquired in January 2016 and produces tungsten concentrate. The Sangdong mine, which was historically one of the largest tungsten mines in the world and one of the few long-life, high-grade tungsten deposits outside of China, was acquired in September 2015 through the acquisition of a 100% interest in Woulfe Mining Corp. Almonty owns 100% of the Valtreixal tin-tungsten project in north-western Spain. Further information about Almonty's activities may be found at www.almonty.com and under Almonty's profile at www.sedar.com.
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Stocks & Indices
Almonty Industries Inc. has the following listings and related stock indices.
Stock: TSX: AII wb_incandescent
Stock: FSX: ALI wb_incandescent
Stock: FSX: ALI0 wb_incandescent
Stock: OTC: ALMTF wb_incandescent
Product & Services
Tungsten, tin, copper and molybdenum concentrates
Key People
Lewis Black, (CEO) Daniel D' Amato, (Director) Mark Trachuk, (Director) Dr. Thomas Guschlag, (Director) Mark Gelmon, (Director and CFO) Marion Mc Grath, (Corporate Secretary)