PROCESSING

Sangdong mine taking shape

CONSTRUCTION of what is claimed to be the world’s largest tungsten mine outside China is on track and its owner Almonty Industries has made the third scheduled drawdown of the KfW IPEX-bank project finance facility for it.

 Sangdong Mine entrance

Sangdong Mine entrance

The mine is about 187km southeast of Seoul, South Korea and has been shuttered since 1994. Almonty made the US$9.82 million drawdown of the KfW IPEX-Bank facility - the third scheduled drawdown. ...

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