- Prized for its density, high melting point and resistance to corrosion, tungsten is used in a great variety of products
- China dominates supply, having producing 69,900 metric tons in 2020 and with 1.9 million metric tons in reserves
- Almonty Industries (AII) could offer an alternative supply, with a number of promising projects in key tungsten-producing regions
- The Sangdong Mine in South Korea, owned wholly by Almonty, had previously been a tungsten powerhouse and is in the process of a revival
- Almonty also owns the Los Santos Mine and the Valtreixel project in Spain, and the Panasqueira Mine in Portugal
Read the Full Article on The Market Herald here
Almonty Industries: (ASX:AII) armouring tungsten supplies when trading tides turn
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Last
$6.57 |
Change
-0.250(3.67%) |
Mkt cap ! $55.35M | |||
| Open | High | Low | Value | Volume |
| $6.80 | $6.80 | $6.50 | $224.3K | 33.55K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $6.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.83 | 1875 | 1 |
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| Last trade - 16.10pm 10/09/2025 (20 minute delay) ? |
| AII (ASX) Chart |