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Almonty Receives Final Drawdown from KfW IPEX-Bank for Construction of Sangdong Tungsten Mine

Jan 09, 2025•over 1 year ago

Contract Type

partnership

TorontoOther

Description

Almonty Industries Inc. has received its final drawdown of US$906,000 from KfW IPEX-Bank as part of the project loan facility for the construction of the Sangdong Tungsten Mine in South Korea. This marks a significant milestone in the strong and collaborative partnership between Almonty and KfW.

Company Information

Company

Almonty Industries Inc.

Location

100 KING STREET WEST

Toronto, Ontario, Canada

About

Almonty Industries Inc. engages in the mining, processing, and shipping of tungsten concentrate. Almonty Industries is headquartered in Toronto, Canada.

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