Almonty Industries Inc. is a mining and development company focused primarily on tungsten, a specialty metal used in industrial, technology, energy, automotive, aerospace and defense applications. The company’s activities include the exploration, development, operation and redevelopment of tungsten-mining projects, as well as the production of tungsten concentrates.
Almonty’s principal assets include the Sangdong Tungsten Project in South Korea, one of the company’s key development projects, and the Panasqueira tungsten mine in Portugal, a producing operation with a long operating history. The company has also held interests in tungsten projects in Spain, including the Los Santos mine, and has pursued additional development opportunities intended to expand its production base.
With operations and projects in Europe and Asia, Almonty serves international industrial markets through the supply of tungsten concentrates. The company is headquartered in Toronto, Canada, and is led by Lewis Black, who serves as president and chief executive officer. Almonty’s strategy centers on developing a diversified portfolio of tungsten assets in established mining jurisdictions.
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