Almonty Industries Inc. (Almonty) announced that on January 5, 2016 its subsidiary, Almonty Korea Tungsten Corporation (AKTC) has signed an agreement with Korea Engineering Consultants Corporation (KECC) to conduct detailed engineering and design work on a mineral processing plant and mine facilities for a 640,000 tonne per annum tungsten ore processing operation at the Sangdong tungsten mine. Almonty and AKTC are working towards the start of construction in the first half of calendar 2016. KECC conducted basic design work on the project in May 2015 and is now proceeding with detailed design and engineering in support of the agreed to timetable for start of construction.
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
5,610 KRW | +3.70% | +3.51% | -3.44% |
1st Jan change | Capi. | |
---|---|---|
-3.44% | 44.39M | |
-12.07% | 3.88B | |
+49.34% | 2.27B | |
+18.64% | 1.95B | |
+25.51% | 1.73B | |
-16.09% | 1.5B | |
+14.84% | 1.14B | |
+21.38% | 1.05B | |
+28.95% | 905M | |
+40.30% | 928M |
- Stock Market
- Equities
- A023350 Stock
- News Korea Engineering Consultants Corp.
- Almonty Korea Tungsten Corporation Signs Agreement with Korea Engineering Consultants Corporation for Detailed Engineering of the Sangdong Mine Processing Facility