Almonty begins processing operations at South Korea’s Sangdong tungsten mine
American Integrity Insurance Group, Inc.
American Integrity Insurance Group, Inc. AII | 0.00 |
- Almonty began processing plant throughput at its Sangdong tungsten mine in South Korea in June 2026, starting saleable tungsten concentrate production.
- Stockpiled ore totaled about 140,000 tonnes at a blended 0.25% WO3 grade ahead of commissioning, including 120,000 tonnes exiting Q1 2026.
- The company used lower-grade stockpile feed for ramp-up, targeting higher grades as operations stabilize.
- Contained tungsten in the stockpile equated to about 2.6 months of Phase I feed, with an illustrative gross in-process value of about USD 68 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Almonty Industries Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260701579819) on July 01, 2026, and is solely responsible for the information contained therein.
