Initiation: Tungsten specialist with a strong track record
We believe that Almonty is well positioned to replicate its success with the Los Santos tungsten project on the recently acquired Wolfram Camp Mine (WCM). WCM has the potential to become a long-life underground operation, increasing Almonty’s overall tungsten production to 160-180kmtu of WO3. While not immune to the deterioration in APT prices, Almonty’s strong turnaround potential makes the stock an inexpensive play on the fundamentally attractive tungsten market.Almonty Industries is engaged in mining, processing and shipping of tungsten concentrate from its tungsten mine at the Los Santos Project.
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