📈 AII: Research Report, Corporate Presentation & 📰 🎥 Media

Research Report
RaaS - The Tungsten Ride Starts Now
- Re-set Valuation A$2.09/share

Almonty Industries Inc (AII.ASX) is a global mining company specialising in the mining, processing and sale of tungsten concentrate. The company’s primary operations are in Spain, Portugal and South Korea. The company’s flagship asset, the Sangdong Tungsten-Molybdenum Project should underpin a transformational growth opportunity which aims to increase tungsten concentrate production 7-fold out to 2028. The company has successfully completed its ASX listing with the raising of A$15.25mn and is now well set financially to accelerate progress on its range of growth options. Notices to date indicate early works at Sangdong have progressed well and debt financing finalised. The company has confirmed the scope and plan for its 12,500m drilling campaign at Sangdong Molybdenum aiming to define a JORC compliant resource. Old metals continue to have life in a new industrial world and demand should remain strong as global growth emerges from the COVID driven slow-down. AII is well positioned to drive value accretion from its pre-development portfolio, particularly over the next 12 months with a number of significant re-rating events in the offing.

Updated Corporate Presentation
The Leaders In Tungsten
August 2021

We are pleased to provide you with the latest Corporate Presentation lodged with the ASX today.

Video Interview with CEO Lewis Black & AusbizTv
Lewis in his element; Australia's latest Tungsten trade
3 August 2021

"Want to get exposure to the semiconducter sector but you don't want to pay the huge multiples? How about going upstream to the raw materials required to make chips? Tungsten is one such element, but who actually mines it? Almonty is one company that does, and it just happens to be newly-listed in Australia. Fresh from raising $15 million, CEO Lewis Black discusses how the money will be used to bring a mothballed mine in South Korea back into production, keeping with the company's ambitious plan to become the largest Tungsten producer outside of China. Activity at the project is ramping up, as are Tungsten prices which are following copper higher."