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Almonty Industries Inc.

11:37 AM EST - Almonty Industries Inc. : Announced that its fully owned subsidiary, Beralt Tin and Wolfram (Portugal) S.A., which operates the Panasqueira Tungsten Mine in Portugal, has reached a comprehensive agreement with Crominet Mining Processing SA (PTY) Ltd., which is expected to result in an increase to its overall recovery. Almonty Industries Inc. shares V.AII are trading unchanged at $0.27.