Panasqueira Tungsten-Tin Mine Presentation
APPENDIX 2 – DOWNSTREAM EXTENSION
Almonty's plans to participate in the battery anode & cathode manufacturing industry
SOUTH KOREA & KEY DEMAND DIRECTIONS
ALMONTY'S CURRENT
PRODUCTION CHAIN
A ALMONTY
fin
SUPPLY TO
PLANSEE/GDP
GTP
PLANSEE
The Plansee Group
5 Reasons for the importance of Tungsten Oxide
1. South Korea is the largest per capita consumer of tungsten
worldwide, however, imports 94.7% of tungsten used, 92.8% of
Tungsten oxide from China
2. South Korea consumes -40% of Tungsten Hexafluoride (WF6),
which is used in semiconductor production. South Korean
semiconductor market accounts for 20% of the supply, where
exports rose in 2021 by 28.4%
3. Semiconductors & electronics from the automotive, industrial and
consumer electronics industries powered by constant digitalization
of all industries and daily life
4. The expanding electric vehicle (EV) market is driving
advancements in battery technologies, including the development
of Niobium Tungsten Oxide (NWO) batteries and upgrades to
existing ones. The use of nano tungsten oxide Powder, known for
its high intrinsic density, rich framework diversity, and exceptional
heat resistance, contributes to increased safety features.
5. South Korea is now within the Top 10 defense manufacturers & is
continuing to extend its production
SANGDONG
ALMONTY'S PLANNED
DOWNSTREAM CHAIN
PROCESSING
FACILITY
ADDITIONAL
PRODUCTION
➤ LOI signed with KfW IPEX-Bank on January 12, 2022
➤ 4,000t p.a. vertical nano tungsten oxide plant
65% WO3
CONCENTRATE
W
Tungsten
$
TUNGSTEN
OXIDE PLANT
MILLING TO
NANO SIZE
PRIMARY CONSUMERS
LG
SAMSUNG
➤ Supply for the battery anode & cathode manufacturing industry
➤ Equipment/Plant provided by Metso Outotec (Finland),
Inductotherme Europe (UK), Pfeiffer (Austria)
Discussions over potential debt financing of up to US$50m for the
downstream
es
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