Almonty completes final technical review

Almonty Industries Inc. (ASX:ALL) has successfully completed its pilot plant trial production, marking the final stage of flotation processing technology development ahead of processing plant equipment installation at the Company's Sangdong Mine in South Korea.

Executive Commentary on Pilot Plant Testwork

With the successful completion of the pilot plant phase, all preliminary preparations related to process technology development and equipment performance validation have been finalized. With minor adjustments to the equipment and reagents at the processing plant currently under construction, we anticipate stable production of tungsten concentrate from our Sangdong Mine during 2025. The time we have spent building and operating two pilot plants in Korea and Portugal has been essential to ensure the main plant works out the gate. We have been operating the two pilot plants for almost three years, so we have been able to refine and perfect the processing which will ensure a quick and smooth processing commissioning. We are a go.

Summary of Almonty's Announcement

Almonty has completed the pilot plant trial production, validating the stability of the Company's proprietary flotation processing technology. The successful completion clears the path for processing plant equipment installation at the Sangdong Mine. The Company anticipates stable production of tungsten concentrate from the Sangdong Mine during 2025. Almonty's principal business includes the mining, processing, and shipping of tungsten concentrate from its mines in Spain, Portugal, and South Korea. The Company's development projects in Spain and South Korea are progressing, positioning Almonty for future growth and success.