Almonty inks multi-year deal to supply tungsten concentrate to Sandvik
Almonty Industries signed a long-term, multi-year take-or-pay agreement to supply tungsten concentrate to an arm of Sandvik from mine-waste stockpiles at an operation in Spain preparing to resume production. The agreement includes a minimum of about 1,720 metric tons of contained material, per the wire.
Almonty Industries has signed a long-term supply agreement to provide tungsten concentrate to a Sandvik unit from mine waste stockpiled at a site in Spain that is being readied to restart production. The multi-year, take-or-pay deal covers a minimum of about 1720 metric tons of concentrate.