Almonty Industries Receives Final Drawdown for South Korea Tungsten Project Loan

MT Newswires Live

2025/01/10

Almonty Industries (ASX:AII) received its final drawdown of $906,000 from a $75.1 million KfW IPEX-Bank project loan facility for the construction of its Sangdong tungsten mine in South Korea, according to a Friday filing with the Australian bourse.

The company's shares rose nearly 1% in morning trade Friday.

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