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Almonty Confirms Sangdong Mine Phase I Start, Eyes 1.2Mtpa Expansion
9:45am on Friday 11th of July, 2025 AEST
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Mining
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Almonty Confirms Sangdong Mine Phase I Start, Eyes 1.2Mtpa Expansion
9:45am on Friday 11th of July, 2025 AEST
Key Points
Updated JORC report effective February 28, 2025
Phase I production to start in second half of 2025 with 640,000 tpa throughput
Phase II expansion planned to increase capacity to 1.2 million tpa, potentially starting in 2026
Probable mineral reserves total 8.58 million tonnes at 0.42% WO3
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