Company: ALM
Filing Date: 2025-07-11
Form Type: F-10/A
Source: 0001641172-25-018741
Chunk: 154

Company: Almonty Industries Inc.
Filing Date: 2025-07-11
Form: F-10/A
Chunk 154
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 Sangdong are considered to be sensitive receptors that may be impacted upon by mine operations. Households located adjacent to the
road network had noise readings 12 to 15 dBa higher than rural areas during the day and 6 dBa higher at night.

Noise modelling of
truck movements and the milling and processing activities showed a small increase in noise at the nearest community receptors, while
still meeting Korean noise standards. The mountainous terrain surrounding the mine acts as a significant barrier to noise propagation,
assisting in noise reduction from the site.

The following mitigation
strategies will be adopted by the Project to minimize noise from operations:

| ● | purchase mining equipment which                                                         
 favours noise reduction in the design;                                                  |
| ● | mine vehicles to be maintained in                                                       
 good condition to prevent unnecessary noise; and                                        |
| ● | maintain diesel generators, lights,                                                     
 and other equipment in proper working order to prevent unnecessary noise being emitted. |

The following mitigation
strategies will be adopted to minimize impacts from blasting on the Project: (i) blasting will be underground; and (ii) a blasting strategy
will be maintained to meet vibration regulatory requirements.

| 103 |

| 6. | Waste Material |

The major sources
of waste generation from the Project are waste rock, tailings, process/storm water and solid and liquid wastes (e.g., waste oil, tyres,
batteries and plastics).

A waste management
plan was developed prior to the commencement of mining. The waste management strategy of the Project follows a four-tiered waste management
strategy according to practicalities and available markets, in preferential order: (i) waste minimization; (ii) waste reuse and/or recycling;
(iii) waste treatments; and (iv) waste disposal.

| 7. | Waste Rock |

Waste rock material
will be stacked in two waste rock stockpiles at the site. Over a 12-year period, 950,000 t of waste rock will be produced, the majority
of which will be accumulated in the early phase of mining. There may be the opportunity to backfill waste in the historic underground
workings and it is expected that a relevant portion may be used as a building material. The remaining waste rock will be stored on site
in two waste rock storage facilities: one next to the Sangdong Portal and at the other in a small valley, approximately 300 m to the
south.

Some waste material
from internal dilution control with UV lamp can be stored inside