2023.08.03
Almonty advances Sangdong tungsten mine in South Korea
By Marilyn Scales, Canadian Mining - Almonty Industries says June and July were particularly busy at its tungsten mine development project in South Korea. The Metso protection screen and reclaim feeders arrived. This followed the arrive of the semi-autogenous grinding (SAG) mill and ball mill.
Delivery of the
grizzly screens and UFS screens from France and Brazil will be next, followed
by the shipping of the apron feeder from Turkey.
Engineering and
civil works are also advancing. Detailed plans for the crusher are and
stockpile were completed. Drawings for the grinding and classification sections
will be the next to be finalized.
The Sangdong mine
was historically one of the largest tungsten mines in the world and one of the
few long-life, high-grade tungsten deposits outside China. Almonty acquired it
in 2015 when its bought 100% in former owner Woulfe Mining. The fully permitted
mine has a potential life of 90 years and is being reopened at a cost of only
US$75 million. Project commissioning will be complete by the end of 2024,
followed by a 12-month ramp-up period. The first phase of production will
average 2.3 million tonnes of tungsten oxide (WO3) annually. The second phase
expansion will boost that to 4.8 million t/y. The second phase also includes a
tungsten oxide plant.
The Sangdong
deposits contains an estimated proven and probable reserve of 7.9 million
tonnes grading 0.45% WO3. The measured
and indicated resources, including reserves, are 8.3 million tonnes at 0.49%
WO3, and the inferred resource is 52.8 million tonnes at 0.44% WO3.
Source:https://www.canadianminingjournal.com/news/almonty-advances-sangdong-tungsten-mine-in-south-korea/