Almonty set to export refined tungsten from Sangdong mine
Almonty Korea Tungsten Corp. (AKTC) has produced its first bulk bag of salable tungsten concentrate produced at its Sangdong mine in Yeongwol County, Gangwon Province, ready for shipment, marking a key step toward commercial production. The Korean subsidiary of New York-based Almonty Industries said Monday that the production of 1 ton of minerals came after the Korea Mine Rehabilitation and…
Almonty Korea Tungsten Corp., a subsidiary of New York-based Almonty Industries, has successfully produced its first shipment of salable tungsten concentrate from its Sangdong mine in Yeongwol County, Gangwon Province. This marks a significant milestone for the company as it moves towards commercial production. The achievement came after the Korea Mine Rehabilitation and Mineral Resources Corp., a state-owned entity under the Ministry of Trade, Industry and Resources, issued a mining facility inspection certificate for the mine's processing plant and crushing facilities on September 17.
The inspection, conducted on September 14, confirmed compliance with regulations, thereby officially opening the doors for Almonty to operate these facilities and process the ores mined at Sangdong into tungsten concentrate for both domestic consumption and export. The production process entails crushing, grinding, and flotation procedures to isolate the tungsten-bearing materials from the ores.
Almonty plans to gradually increase its output and commence supplying customers in Korea and abroad once the production process stabilizes.
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- Almonty set to export refined tungsten from Sangdong mine koreatimes.co.kr
