Almonty Industries Inc.
ListedBasic MaterialsOther Industrial Metals & Mining341 employees
Almonty Industries Inc. is a specialty metals mining company focused on tungsten production and related critical mineral projects. Headquartered in Toronto, Canada, the company is primarily engaged in the mining, processing, and shipment of tungsten concentrate to industrial customers worldwide. Its core operations currently center on the Panasqueira underground tin and tungsten mine in Portugal, which produces high-grade tungsten concentrate, and the development of the Sangdong tungsten mine in Gangwon Province, South Korea, a large-scale deposit regarded as one of the world’s significant tungsten resources. Almonty also holds the Los Santos tungsten mine in Spain, presently under care and maintenance, and is advancing the Valtreixal tin and tungsten project in Western Spain, along with a molybdenum project adjacent to Sangdong and tungsten claims in Montana, United States. By concentrating on tungsten, a strategic material used extensively in defense, advanced manufacturing, electronics, and energy applications, Almonty Industries Inc. plays a notable role in supplying conflict-free tungsten from Europe and Asia to global industrial and technology supply chains.