Almonty Industries Commences Processing Operations at Sangdong Mine

Almonty Industries (ALM) has started processing operations at its Sangdong Mine in South Korea, transitioning from development to revenue-generating production. The company is using a stockpile of approximately 139,700 tonnes of ore with an average grade of 0.25% tungsten trioxide, which represents about 2.6 months of processing capacity and has an estimated gross in-process value of $68 million.

By Maham Fatima Thu, July 9, 2026 at 9:34 PM GMT+3 2 min read · Yahoo Finance · July 9, 2026, 18:34 UTC

Tickers: $ALM

Topics: mining Sangdong Mine tungsten production

Read the full article at Yahoo Finance

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