GTP and Almonty Industries drive reactivation of Sangdong tungsten mine

December 14, 2020

The Sangdong tungsten mine is currently being prepared for mining by Almonty Industries (Courtesy Almonty Industries)

Plansee Group, Reutte, Austria, is working with Almonty Industries, a global mining company headquartered in Toronto, Ontario, Canada, to drive the reactivation of the Sangdong tungsten mine in South Korea. Acquired by Almonty in 2015, the Sangdong mine is being prepared for use with an eye towards safeguarding long-term primary supply of tungsten powder for the Plansee Group tungsten manufacturer, Global Tungsten Powders (GTP), Towanda, Pennsylvania, USA.

GTP is said to have enjoyed a close working relationship with Almonty for a number of years, having entered into long-term delivery agreements. Almonty supplies tungsten ore concentrates, which GTP processes into a variety of tungsten powders.

“The development of a mining project takes a lot of time and money,“ stated Hermann Walser, CEO and president of GTP. “Successful commissioning requires financially strong investors, long approval processes, complex production equipment, and extensive production expertise.“

Located in South Korea’s northeast, the Sangdong mine was discovered in 1916 and served as one of the world’s leading tungsten producers for forty years. Despite rich tungsten ore deposits, the mine ceased production in 1994 due to the low price of tungsten.

Currently, Almonty’s tungsten ore concentrates are mined in Spain and Portugal, with Sangdong planned to start operations in 2022.

www.globaltungsten.com

www.almonty.com

www.plansee.com

In the latest issue of PM Review…

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • Hot Isostatic Pressing for the production of large, near-net shape components
  • Safeguarding PM part usage in a new automotive industry
  • How to make metal powders., Part 3
  • Company profile: Jiangxi Yuean Advanced Materials

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

From the industry…

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

 

Browse the archive

 

Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
Download PDF
Share via
Copy link