We were surprised to get an email from an Australian message board earlier this week touting Almonty Industries’ (AII.TO, AII.AX) capital raise. While Almonty had indeed previously disclosed it was […]
Tag: #AlmontyIndustries
Report: Almonty Industries – Steadily developing a massive Tungsten mine
Life is slowly getting back to normal again in Asia and Europe – albeit the recovery will very likely be gradual. As the Asian economies have reopened before the European […]
Almonty Industries is making good progress to secure cheap funding: ticking another box
Almonty Industries (AII.TO) has provided an update on its financing efforts. After a binding commitment in January, the company has now announced it has received notification the ECA cover has […]
Report: Almonty Industries – Securing funding for the world’s largest tungsten mine
It has been a while since Almonty Industries (AII.TO) started the financing process to secure debt funding for its massive Sangdong tungsten project in South Korea. After almost 3.5 years […]
Almonty secures US$76M loan for Sangdong at very favorable terms
It took the company a while but Almonty Industries (AII.TO) has now finally received a binding commitment letter from KfW IPEX-Bank to the tune of US$76M to fund the construction […]
Almonty Industries does what it promised: a dilution-free financing for Sangdong
Whenever a company pretends to be able to fund the construction of a new mining project, we are always a bit skeptical. We were also skeptical when Almonty Industries (AII.TO) […]
Report: Almonty Industries – Converting high tungsten prices into strong cash flows
In our initial report on Almonty Industries (AII.TO), we were expecting the company to take advantage of some serious tailwinds in the tungsten sector. After several years of depressed prices […]
Almonty Industries hints at a good Q2 result
Almonty Industries (AII.TO) has now received the ore sorting equipment at the Panasqueira mine in Portugal, after the Portuguese customs released it. The equipment is currently being installed, and once […]