Vila Verde Pilot Plant

Vila Verde

Test work conducted by GMR Consultores & MINEPRO Solutions for wolframite concentrate production at Vila Verde Project from the Justes deposit at Vila Verde.

PROJECT HIGHLIGHTS

  • Leverage prior pre-existing quarry operation to fastrack permitting process
  • Tailings and alluvial material will supply plant with estimated grade for plant design parameters for average feedstock of 0.21% WO₃
  • Construction and operations estimated to begin in 2026
  • Plant design production capacity of 150,000 tonnes per year, would result in 250 tonnes of WO₃ per year under present design parameters. May subsequently increase capacity to 300,000 tpa
  • Process: Crushing and grinding, then fed into a gravimetric and magnetic concentration system
  • Total estimated CAPEX of Pilot Plant is estimated at $7.9M (+$2.9M for later expansion) intended to be funded through non-dilutionary sources

OFFTAKE NEGOTIATION IN PROCESS

  • Off-Take Agreement for 50% of tungsten concentrate production from the Vila Verde Pilot Plant secured with a 2026 floor price of U.S.$1,000/mtu.

  • Off-Take Agreement provides flexibility for governmental agencies, including the United States Department of War and the Portuguese Ministry of Defence, to purchase tungsten concentrates from the Company.

  • LOI signed with Global Tungsten & Powders based in Pennsylvania, USA for the sale of Tungsten Concentrate
  • Ongoing discussions with other refineries around the globe

Allied Critical Metals

CSE: ACM | OTCQB: ACMIF | FSE: 0VJ0

Allied Critical Metals Inc. is advancing its 100%-owned Borralha and Vila Verde tungsten projects in northern Portugal, with Borralha representing one of the European Union’s largest undeveloped tungsten resources and benefiting from a favourable Environmental Impact Declaration that supports advancement toward feasibility and development. Vila Verde adds further exploration upside in the same strategic jurisdiction. With tungsten designated a critical raw material by both the United States and European Union, and approximately 87% of global supply and reserves concentrated in China, Russia and North Korea, Allied is positioned to help strengthen secure Western tungsten supply chains.