News
10 January 2025

Almonty receives final drawdown for Sangdong project

In:
Metals and Mining
Region:
Asia-Pacific

Almonty Industries has received its final drawdown of $906,000 of the $75.1 million KfW IPEX-Bank project loan facility related to the construction of the company’s Sangdong Tungsten Mine in South Korea. Almonty in 2023 completed its fourth drawdown of the facility, which supports the...

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