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Cantor: Almonty "Moving Seamlessly" Into Production As Korean Tungsten Mine Becomes Western Lifeline
Cantor: Almonty "Moving Seamlessly" Into Production As Korean Tungsten Mine Becomes Western Lifeline
Cantor Fitzgerald metals and mining analyst Matthew O'Keefe provided clients on Tuesday with an update on Almonty Industries, citing a corporate update from CEO Lewis Black. The miner's crown jewel tungsten mine in South Korea has begun shipping concentrate as the West's answer to conflict-free tungsten supply comes online, playing into a bigger theme we've outlined called "owning the bottlenecks."
O'Keefe says the Sangdong mine has begun shipping concentrate, is moving toward 24/7 operations, and has about 4.6...
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