We were surprised to get an email from an Australian message board earlier this week touting Almonty Industries’ (AII.TO, AII.AX) capital raise. While Almonty had indeed previously disclosed it was […]
Tag: $AII.TO
Report: Almonty Industries – Steadily developing a massive Tungsten mine
Life is slowly getting back to normal again in Asia and Europe – albeit the recovery will very likely be gradual. As the Asian economies have reopened before the European […]
Almonty Industries is making good progress to secure cheap funding: ticking another box
Almonty Industries (AII.TO) has provided an update on its financing efforts. After a binding commitment in January, the company has now announced it has received notification the ECA cover has […]
Report: Almonty Industries – Securing funding for the world’s largest tungsten mine
It has been a while since Almonty Industries (AII.TO) started the financing process to secure debt funding for its massive Sangdong tungsten project in South Korea. After almost 3.5 years […]
Almonty secures US$76M loan for Sangdong at very favorable terms
It took the company a while but Almonty Industries (AII.TO) has now finally received a binding commitment letter from KfW IPEX-Bank to the tune of US$76M to fund the construction […]
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