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The Road & River Diversion Program Continues at the Sangdong Mine Project in Korea

The Road & River Diversion Program Continues at the Sangdong Mine Project in Korea

Aerial view of Mountain river and road. Mountain gorge

Oct 21, 2021

OCTOBER 2021 – This project is being built according to our ESG (Environmental, Social and Governance program) and is therefore designed for a ‘100 year event’ rather the more normal 30 years.

Monthly meetings are now being conducted with local residents in order to provide updates on what is happening at the site, and to take any questions/comments they may have.

About Almonty 

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 kilometers from Salamanca in western Spain and produces tungsten concentrate. The Panasqueira mine, which has been in production since 1896, is located approximately 260 kilometers 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.

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