TSX:AIIMetals and Mining
Does Sangdong’s Move Into Revenue-Generating Tungsten Output Change The Bull Case For Almonty Industries (TSX:AII)?
Almonty Industries Inc. has begun processing stockpiled ore through its newly commissioned plant at the Sangdong Mine in South Korea, moving the project from development into active, revenue-generating tungsten concentrate production with an illustrative gross in-process stockpile value of about US$68.00 million.
This shift into operational throughput, using ore grades materially higher than its Panasqueira mine, positions Sangdong as a key non-China tungsten supply source at a time of...