The Korea Times
Almonty Industries, a global tungsten developer and supplier which operates Sangdong Mine in Korea and others in Portugal and Spain, has joined the Montana Mining Association to bolster its presence in the United States. According to the group’s Korean subsidiary, Almonty Korea Tungsten Corp. (AKTC), Sunday, the New York-based conglomerate has joined the association to promote its responsible and sustainable mining practices and pledge its future contribution to technological development and regulatory improvement for the mining industry not only in the northwestern U.S. state but throughout the country. Almonty Industries last November acquired Gentung Tungsten Project in Beaverhead County, Montana, to revive the mine and reignite the U.S. tungsten production for the first time since 2015. AKTC said the mine reserves approximately 7.35 million tons of tungsten ores and will produce 140,000 metric ton units of the earth mineral per year once its redevelopment is complete. The Montana association, established in 1973 in Helena, has been supporting mining firms in the state since, lubri
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