Almonty Industries (TSE:AII) has released an update.
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Almonty Industries’ Sangdong Mine in Yeongwol County has been designated as an Opportunity Development Special Zone by South Korea, boosting its potential for large-scale investment and industry-specific growth. This designation offers tax breaks, subsidies, and infrastructure upgrades, positioning the region as a key hub for mineral processing and manufacturing. The initiative aligns with South Korea’s strategic goals to secure a stable supply of critical minerals.
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