Almonty Industries

Almonty Industries, Inc. engages in mining, processing and shipment of tungsten concentrates. The company is headquartered in Dillon, Montana and currently employs 338 full-time employees. The company went IPO on 2010-06-30. The firm is engaged in mining, processing and shipping tungsten concentrate from its Panasqueira Mine in Portugal. The company also has a significant molybdenum resource on a separate property adjacent to the tungsten orebody at the Sangdong Mine. Its additional development projects include the Valtreixal Project in northwestern Spain and Los Santos Mine in western Spain. The Panasqueira Mine is located in Covilha, Castelo Branco, Portugal. The Sangdong Mine is located at Sangdong in the south-eastern Korean Peninsula, approximately 170 km east-southeast of Seoul, South Korea. The Valtreixal Mine is a potential open pit operation, and is located in the northwest part of the Zamora province, in the Castilla de Leon region of Spain. The company also operates Woulfe, whose properties are located in Gangwon Province, Republic of Korea, and whose operations relate primarily to the development of the Sangdong Project.