Almonty Opens Sangdong Tungsten Mine Boosting Supply
Almonty Industries' Korean unit AKTC began tungsten production at the Sangdong mine and adjacent processing plant in Yeongwol County on March 17, CEO Lewis Black said. The mine holds reserves expected to last more than 90 years, with planned annual concentrate capacity rising to 4,600 tons by next year and potential to supply up to 40% of global demand outside China. Tungsten, including WF6 gas and tungsten-copper wiring, enables higher-temperature, efficient semiconductor manufacturing for AI hardware.
Key Points
- 1Begins tungsten production at Sangdong mine; reserves exceed 90 years and 4,600 tons annual capacity
- 2Highlights tungsten's role in semiconductors, including WF6 gas and tungsten-copper wiring for AI hardware
- 3Provides Korea a domestic alternative to China, improving supply-chain resilience for semiconductor manufacturers
Scoring Rationale
New Sangdong production materially shifts global tungsten supply; official company and local reporting support credibility but independent verification is limited.
Sources
Public references used for this report.
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