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Almonty signs multi-year take-or-pay tungsten concentrate supply deal

Almonty says it has agreed a multi-year take-or-pay contract to supply tungsten concentrate to Sandvik from mine waste stockpiled at a Spain operation preparing to resume production.

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Almonty Industries has signed a long-term agreement to supply tungsten concentrate to an arm of Sandvik from mine waste stockpiled at an operation in Spain that is being readied to resume production. The multi-year, take-or-pay deal covers a minimum of about 1,720 metric tons of containe…