Almonty Industries Establishes U.S. Corporate Headquarters, Reinforcing Role as America’s Tungsten SupplierApril 13, 2026 7:30 AM
Business Wire
Almonty Industries Inc. (“Almonty” or the “Company”) (Nasdaq: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), a leading global producer of tungsten critical to U.S. defense and advanced technology industries, today announced the relocation of its corporate headquarters from Toronto, Ontario, Canada to Dillon, Montana, United States.


The relocation of its corporate headquarters reflects Almonty’s continued strategic alignment with the United States and its role in supporting secure, transparent, and Western-aligned supply chains for critical materials. The move positions the Company closer to key stakeholders, including U.S. government agencies, defense contractors and industrial partners, while reinforcing its commitment to becoming the leading U.S.-aligned tungsten producer.


The move follows Almonty’s Nasdaq listing and US$90 million oversubscribed IPO in July 2025, a US$129 million follow-on financing in December 2025, and the acquisition of Montana’s Gentung Tungsten Project, expected to restart production this year.


Almonty has also deepened its U.S. defense alignment through a strategic partnership with American Defense International, Inc., participation in the Department of Defense-sponsored Critical Minerals Forum, and congressional recognition for strengthening critical mineral independence.


Further underscoring its alignment with U.S. strategic priorities, Almonty has appointed former senior United States Army generals as directors, bringing defense and national security expertise to support the Company’s role in securing critical mineral supply chains. The Company continues to advance its strategy of strengthening non-Chinese tungsten supply chains amid increasing geopolitical focus on critical minerals security.


Management Commentary


Lewis Black, Chairman, President and Chief Executive Officer of Almonty, said: “Relocating our headquarters to the United States is not merely symbolic. It reflects who we are – as Montana is the location of our recently acquired Gentung Tungsten Project – and where our future lies. Our investors, customers, and strategic partners are here because they recognize the urgency of building a Western tungsten supply chain free from Chinese dependence. With Sangdong Phase 1 complete and Gentung on track to begin production, we are delivering on that mission, and a U.S. home base ensures we remain at the center of it.”


About Almonty


Almonty (Nasdaq: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1) is a leading supplier of conflict-free tungsten – a strategic metal critical to the defense and advanced technology sectors. As geopolitical tensions heighten, tungsten has become essential for armor, munitions, and electronics manufacturing. Almonty’s flagship Sangdong Mine in South Korea, historically one of the world’s largest and highest-grade tungsten deposits, is expected to be a major contributor to the global non-China tungsten supply chain upon reaching full capacity, directly addressing critical supply vulnerabilities highlighted by recent U.S. defense procurement bans and export restrictions by China. With established operations in Portugal and additional projects in the U.S. and Spain, Almonty is strategically aligned to meet rapidly rising demand from Western allies committed to supply-chain security and defense readiness. To learn more, please visit https://almonty.com.


Legal Notice


The release, publication, or distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this announcement is released, published, or distributed should inform themselves about and observe such restrictions.


Cautionary Note Regarding Forward-Looking Information


This news release contains “forward-looking statements” and “forward-looking information” within the meaning of applicable securities laws. All statements, other than statements of present or historical facts, are forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and assumptions and accordingly, actual results could differ materially from those expressed or implied in such statements. You are hence cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are typically identified by words such as “plan”, “development”, “growth”, “continued”, “intentions”, “expectations”, “emerging”, “evolving”, “strategy”, “opportunities”, “anticipated”, “trends”, “potential”, “outlook”, “ability”, “additional”, “on track”, “prospects”, “viability”, “estimated”, “reaches”, “enhancing”, “strengthen”, “target”, “believes”, “next steps” or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved.


Forward-looking statements in this news release include, but are not limited to, statements concerning the expected timing and capacity of commercial production at the Gentung Tungsten Project in Montana, the development of the Company’s other tungsten and molybdenum projects, and the expected impact of tungsten market trends and prices on the Company’s operations. Forward-looking statements are based upon certain assumptions and other important factors that, if untrue, could cause actual results to be materially different from future results expressed or implied by such statements. There can be no assurance that forward-looking statements will prove to be accurate.


Key assumptions upon which the Company’s forward-looking information is based include, without limitation, the expected timing and capacity of commercial production at the Gentung Tungsten Project in Montana, the development of the Company’s other tungsten and molybdenum projects, and the expected impact of tungsten market trends and prices on the Company’s operations. Forward-looking statements are also subject to risks and uncertainties facing the Company’s business, including, without limitation, the risks identified in the Company’s annual information form for the year ended December 31, 2025 dated March 18, 2026. Although Almonty has attempted to identify important factors that could cause actual results, level of activity, performance or achievements to differ materially from those contained in forward-looking statements, there may be other factors that could cause results, level of activity, performance or achievements not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, and even if events or results described in the forward-looking statements are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, Almonty. Accordingly, readers should not place undue reliance on forward-looking statements and are cautioned that actual outcomes may vary.


Investors are cautioned against attributing undue certainty to forward-looking statements. Almonty cautions that the foregoing list of material factors is not exhaustive. When relying on Almonty’s forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Almonty has also assumed that material factors will not cause any forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors.


THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF ALMONTY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE ALMONTY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME, WHETHER AS A RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE, EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260413261619/en/
Company Contact

Lewis Black

Chairman, President & CEO

(647) 438-9766

info@almonty.com
Investor Relations Contact

Lucas A. Zimmerman

Managing Director MZ Group - MZ North America

(949) 259-4987

ALM@mzgroup.us

www.mzgroup.us


Original: Almonty Industries Establishes U.S. Corporate Headquarters, Reinforcing Role as America’s Tungsten Supplier

Tungsten crisis is real!

Down 10pct today from 22.50 to 20.28 Cdn









Damn I remember tracking it closely when it was $1.30
Might've even bought and sold some

Almonty Industries Reports Fourth Quarter and Full Year 2025 Financial ResultsMarch 18, 2026 11:25 PM
Business Wire
First Ore Delivered to Sangdong Mine ROM Pad, Marking Transition to Active Mining Operations Ahead of Commercial Production


Tungsten Pricing Seeing Strong Growth, with TTM Average APT Price Increasing 534% Year-Over-Year to US$2,250 per MTU


Almonty Industries Inc. (“Almonty” or the “Company”) (Nasdaq: ALM; TSX: AII; ASX: AII; Frankfurt: ALI1), a leading global producer of tungsten concentrate, today announced its financial results for the three and twelve months ended December 31, 2025.




Financial Summary:








Unless otherwise indicated, all figures are expressed in millions of Canadian dollars.







 

 



 






Three Months Ended






Year Ended December 31,









December 31,









 






2025






2024






2025






2024








Revenue






$8.7






$6.3






$32.5






$28.8








Income (Loss) from Mining Operations






$1.3






($0.5)






$2.4






$2.0








General and Administrative Costs






$9.4






$1.8






$20.5






$6.2








Income (Loss) Before Other Expenses & Income Taxes






($16.3)






($3.4)






($36.2)






($13.3)








Non-Cash Gain (Loss) on Valuation of Embedded Derivative Liabilities, Due to Share Price Appreciation






($87.3)






($0.3)






($97.4)






($0.6)








Net Income (Loss) for the Period






($102.3)






($5.4)






($161.9)






($16.3)








Adj. EBITDA (non-IFRS) (1)






($6.2)






($2.0)






($17.1)






($3.1)







Key Fourth Quarter 2025 & Subsequent Operational Highlights



On March 17th, 2026, Almonty hosted a formal commissioning ceremony at its Sangdong Tungsten Mine in Gangwon Province, South Korea, marking the nearly three year completion of development and the transition of the project toward commercial operations. Sangdong is one of the largest and highest-grade tungsten deposits in the world and is expected to become a key source of secure supply for Western industrial and defense supply chains.



In December 2025, Almonty achieved a pivotal milestone with the delivery of the first truckload of ore to the Run-of-Mine (ROM) pad at the Sangdong Mine in South Korea, marking the transition from mine development to active mining operations and the final step before commencement of commercial production.



In December 2025, the Company closed a successful public offering of 20.7 million common shares for gross proceeds of US$129.4 million, bringing total cash and cash equivalents to $268.4 million at December 31, 2025.



Almonty completed the acquisition of the Gentung Tungsten Project in Beaverhead County, Montana, adding a near-term U.S. production asset to the Company’s portfolio.



Appointed Brigadier General (Retired) Steven L. Allen as Chief Operating Officer to optimize tungsten deliveries across Almonty’s operations and accelerate development of the Sangdong Molybdenum Project and Gentung Tungsten Project.



Subsequent to the quarter, Almonty appointed Guillaume Wiesenbach de Lamaziere, CFA as Chief Development Officer to spearhead corporate development strategy and execution.



Fourth Quarter and Full Year 2025 Financial Results Highlights


Revenue recorded in the fourth quarter of 2025 increased by 39% to $8.7 million, as compared to $6.3 million in the same year-ago quarter. For the full year ended December 31, 2025, revenue increased by 13% to $32.5 million, as compared to $28.8 million in the prior year. The increase was driven by a significant increase in the spot price of tungsten APT, with the trailing twelve-month average APT price increasing 534% to US$2,250 per MTU as of March 13, 2026.


General and administrative expenses in the fourth quarter of 2025 totaled $9.4 million, as compared to $1.8 million in the same year-ago quarter. For the full year ended December 31, 2025, general & administrative expenses totaled $20.5 million, as compared to $6.2 million in the prior year. The increase was primarily attributable to additional legal fees and costs incurred in connection with ongoing corporate and regulatory activities, including costs associated with the December 2025 public offering, the Company’s special meeting held on September 29, 2025 and the Company’s proposed U.S. domestication process.


Net loss in the fourth quarter of 2025 was $102.3 million, as compared to a loss of $5.4 million in the same year-ago quarter. For the full year ended December 31, 2025, net loss was $161.9 million, as compared to a loss of $16.3 million in the prior year. The change was primarily attributable to a non-cash loss of $87.3 million on the revaluation of embedded derivative liabilities associated with convertible debentures taken in the fourth quarter of 2025, which was driven by the significant appreciation in Almonty’s share price during the year from C$1.36 at December 31, 2024 to C$12.07 at December 31, 2025. This non-cash accounting charge does not impact the Company’s operating performance, cash flow, or liquidity position.


Adjusted EBITDA, a non-IFRS measure, was ($6.2) million in the fourth quarter of 2025, as compared to ($2.0) million in the same year-ago quarter. For the full year ended December 31, 2025, Adjusted EBITDA was ($17.1) million, as compared to ($3.1) million in the prior year.(1)


Cash as of December 31, 2025 totaled $268.4 million, as compared to $7.8 million as of December 31, 2024. The increase was primarily a result of the receipt of gross proceeds from two public offerings completed during 2025: the July 2025 Nasdaq IPO (US$90 million) and the December 2025 offering (US$129.4 million).


Note on Non-Cash Items


As Almonty has evolved from a junior mining company into a more established tungsten producer with listings across four international exchanges, including the Nasdaq listing in July 2025, its financial reporting has necessarily become more complex and reflects the standards expected of a larger and more broadly held public company. The non-cash fair value revaluation of derivative and warrant liabilities in particular are a function of that transition and of the Company’s changing capital structure during the year.


While these accounting impacts materially affected reported net income, they did not affect its cash position, liquidity, or the operational progress the Company made across the business.


Management Commentary


Lewis Black, Chairman, President & CEO, commented: “The fourth quarter marked a defining milestone for Almonty with the delivery of the first ore to the ROM pad at Sangdong, transitioning us from development into active mining operations at what we expect will become one of the Western world’s largest tungsten mines. Coupled with a transformative year of capital markets activity that has strengthened our balance sheet with over $268 million in cash, continued production from Panasqueira, and Sangdong advancing toward commissioning, the Company believes it is well positioned for its next phase of growth.


“Looking ahead, we are focused on completing commissioning at Sangdong and optimizing throughput to meet surging demand from Western governments and defense customers seeking secure, long-term tungsten supply. With APT prices reaching record levels above US$2,200 per MTU and the structural supply deficit expected to deepen, Almonty is poised to play a central role in reshaping allied tungsten trade flows for decades to come.”


Brian Fox, Chief Financial Officer, added: “Our fourth quarter results reflect the impact of significant non-cash accounting charges driven by the appreciation in our share price during 2025, which required revaluation of certain financial instruments under IFRS. Excluding these non-cash derivative revaluation charges, our operating results were consistent with expectations as the Panasqueira Mine continued to deliver steady revenue growth supported by the strengthening APT price environment. Additionally, $3.1 million of revenue was deferred to the first quarter of 2026 due to the timing of concentrate shipments, which we believe better reflects the underlying operating performance of the quarter. These types of adjustments have been and continue to be seen across a broad section of companies and sectors as growth and valuation typically increase with the transition from Junior to Mid Cap.”


About Almonty


Almonty (Nasdaq: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1) is a leading supplier of conflict free tungsten – a strategic metal critical to the defense and advanced technology sectors. As geopolitical tensions heighten, tungsten has become essential for armor, munitions, and electronics manufacturing. Almonty’s flagship Sangdong Mine in South Korea, historically one of the world’s largest and highest-grade tungsten deposits, is expected to supply a significant portion of global non-China tungsten production upon reaching full capacity, directly addressing critical supply vulnerabilities highlighted by recent U.S. defense procurement bans and export restrictions by China. With established operations in Portugal and additional projects in Spain and the United States, Almonty is strategically aligned to meet rapidly rising demand from Western allies committed to supply-chain security and defense readiness. To learn more, please visit https://almonty.com.


Legal Notice


The release, publication, or distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this announcement is released, published, or distributed should inform themselves about and observe such restrictions.


(1) Use of Non-IFRS Financial Measures


This news release makes reference to the non-IFRS financial measure “Adjusted EBITDA”. Non-IFRS financial measures are not recognized measures under IFRS, do not have a standardized meaning prescribed by IFRS and may not be comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement IFRS financial measures by providing further understanding of Almonty’s results of operations from management’s perspective. Almonty’s definitions of non-IFRS measures, including the definition of the non-IFRS financial measure “Adjusted EBITDA” used in this news release, may not be the same as the definitions for such measures used by other companies in their reporting. Non-IFRS measures have limitations as analytical tools and should not be considered in isolation nor as a substitute for analysis of Almonty’s financial information reported under IFRS. Almonty uses non-IFRS financial measures, including “Adjusted EBITDA”, to provide investors with supplemental measures of its operating performance and to eliminate items that have less bearing on operating performance or operating conditions, and thus highlight trends in its core business that may not otherwise be apparent when relying solely on IFRS financial measures. In this news release, Almonty uses the non-IFRS financial measure “Adjusted EBITDA”. Almonty’s management uses Adjusted EBITDA in order to evaluate its operating performance, by eliminating the impact of non-operational or non-cash items.


Almonty believes that securities analysts, investors and other interested parties frequently use non-IFRS financial measures in the evaluation of issuers. Almonty’s management also uses non-IFRS financial measures in order to facilitate operating performance comparisons from period to period.




IFRS NET INCOME (LOSS) TO ADJUSTED EBITDA RECONCILIATION








(in thousands of Canadian Dollars)







 



 






Three Months Ended






Year Ended December 31,









December 31,






 








 






2025






2024






2025






2024








Net income (loss) for the period






(102,273)






(5,404)






(161,913)






(16,298)








Depreciation & amortization






251






270






1,043






1,120








Loss on valuation of embedded derivative liabilities






87,269






294






97,408






630








(Gain) loss on valuation of warrant liabilities






(44)






1,728






29,337






2,032








Foreign exchange (gain) loss






4,896






(220)






2,973






1,779








Taxes






273






(13)






470






372








Interest, net






644






969






2,494






4,566








Share-based compensation






2,734






335






11,085






2,734








Adjusted EBITDA (Non-IFRS)






(6,249)






(2,041)






(17,103)






(3,065)







The $126.7 million in non-cash revaluation charges comprises $97.4 million related to the fair value revaluation of embedded derivative liabilities and $29.3 million related to the fair value revaluation of warrant liabilities. These charges arise from the application of IFRS fair value accounting requirements to the Company’s outstanding convertible debt instruments and warrants, and reflect changes in the Company’s share price, volatility assumptions, and other market-based inputs during the period.


Cautionary Note Regarding Forward-Looking Information


This news release contains “forward-looking statements” and “forward-looking information” within the meaning of applicable securities laws.


All statements, other than statements of present or historical facts, are forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and assumptions and accordingly, actual results could differ materially from those expressed or implied in such statements. You are hence cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are typically identified by words such as “plan”, “development”, “growth”, “continued”, “intentions”, “expectations”, “emerging”, “evolving”, “strategy”, “opportunities”, “anticipated”, “trends”, “potential”, “outlook”, “ability”, “additional”, “on track”, “prospects”, “viability”, “estimated”, “reaches”, “enhancing”, “strengthen”, “target”, “believes”, “next steps” or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements in this news release include, but are not limited to, statements concerning the successful commissioning of the Sangdong Mine processing plant, the expected timing and capacity of commercial production, the development of the Company’s tungsten and molybdenum projects, the Company’s proposed U.S. domestication process, and the expected impact of tungsten market trends and prices on the Company’s operations.


Forward-looking statements are based upon certain assumptions and other important factors that, if untrue, could cause actual results to be materially different from future results expressed or implied by such statements. There can be no assurance that forward-looking statements will prove to be accurate. Key assumptions upon which the Company’s forward-looking information is based include, without limitation, the successful completion of commissioning at the Sangdong Mine, the availability of funding for continued development, and the expected trajectory of tungsten prices.


Forward-looking statements are also subject to risks and uncertainties facing the Company’s business, including, without limitation, the risks identified in the Company’s annual information form for the year ended December 31, 2025 dated March 18, 2026.


Although Almonty has attempted to identify important factors that could cause actual results, level of activity, performance or achievements to differ materially from those contained in forward-looking statements, there may be other factors that could cause results, level of activity, performance or achievements not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, and even if events or results described in the forward-looking statements are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, Almonty. Accordingly, readers should not place undue reliance on forward-looking statements and are cautioned that actual outcomes may vary.


Investors are cautioned against attributing undue certainty to forward-looking statements. Almonty cautions that the foregoing list of material factors is not exhaustive. When relying on Almonty’s forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Almonty has also assumed that material factors will not cause any forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors.


THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF ALMONTY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE ALMONTY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME, WHETHER AS A RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE, EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260318274370/en/
Company Contact

Lewis Black

Chairman, President & CEO

(647) 438-9766

info@almonty.com
Investor Relations Contact

Lucas A. Zimmerman

Managing Director

MZ Group - MZ North America

(949) 259-4987

ALM@mzgroup.us

www.mzgroup.us


Original: Almonty Industries Reports Fourth Quarter and Full Year 2025 Financial Results

Almonty Completes Phase 1 of Sangdong Tungsten Mine in South KoreaMarch 16, 2026 7:30 AM
Business Wire
Sangdong Returns to Production After More Than 30 Years, Designed to Supply Approximately 40% of Western Tungsten Demand at Full Capacity


Almonty Industries Inc. (“Almonty” or the “Company”) (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), a leading global producer of tungsten concentrate, today announced the completion of Phase 1 commissioning at its Sangdong Tungsten Mine in Gangwon Province, South Korea –marking the return to production after more than 30 years.


Phase 1 of the Sangdong Mine is now commissioned and producing, with the processing plant designed to handle approximately 640,000 tonnes of ore annually, yielding roughly 2,300 tonnes of tungsten concentrate per year. A planned Phase 2 expansion, expected to come online in 2027, is designed to increase processing capacity to approximately 1.2 million tonnes of ore annually, doubling tungsten output to roughly 4,600 tonnes per year. At full capacity, Sangdong is expected to supply ~40% of global tungsten demand outside China.


On March 17, 2026, at 10:00 a.m. local South Korean time, Lewis Black, President and CEO of Almonty, will host a formal commissioning ceremony at the Company’s Sangdong Tungsten Mine marking the completion of development and the transition of the project toward commercial operation. The Company is expecting the ceremony to be attended by over 200 political figures from all branches of the South Korean Government as well as various representatives from the U.S. embassy in Seoul.


The Sangdong Mine was historically one of the world’s largest tungsten producers before operations were suspended in the early 1990s following a prolonged downturn in commodity prices. Since acquiring the project in 2015, Almonty has invested more than $100 million to redevelop the site as a modern underground mining operation with a newly constructed processing plant. The redevelopment includes approximately four kilometers of underground tunnel development, a mineral processing plant equipped with SAG and ball mills supplied by Metso, and advanced operational monitoring systems.


Sangdong has an expected mine life exceeding 45 years and an average ore grade of approximately 0.51% tungsten trioxide (WO3), roughly three times the global average. The project was developed in accordance with the Equator Principles and is located in the Republic of South Korea, a mature democracy and close strategic ally of the United States.


Management Commentary


Lewis Black, Chairman, President & CEO of Almonty, commented: “The completion of Phase 1 at the Sangdong Tungsten Mine marks the culmination of more than a decade of investment and development. This is a significant milestone in the effort by the United States and its allies to diversify supply chains for critical minerals away from China, which currently produces approximately 88% of the world’s tungsten supply. With commissioning now complete, our focus turns to optimizing throughput and advancing toward full commercial production.


“Looking ahead, the Phase 2 expansion and the development of our tungsten oxide facility and the adjacent Sangdong Molybdenum deposit will form the foundation of what we refer to as the ‘Korean Trinity’ – a fully integrated strategic-mineral value chain that positions South Korea as a global hub for the production, refining, and upgrading of tungsten. This will directly support U.S. defense procurement requirements mandating non-China tungsten sourcing after 2027 and significantly enhance resource security for the U.S. and its allies.”


About Almonty


Almonty (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1) is a leading supplier of conflict free tungsten – a strategic metal critical to the defense and advanced technology sectors. As geopolitical tensions heighten, tungsten has become essential for armor, munitions, and electronics manufacturing. Almonty’s flagship Sangdong Tungsten Mine in South Korea, historically one of the world’s largest and highest-grade tungsten deposits, is expected to supply over 80% of global non-China tungsten production upon reaching full capacity, directly addressing critical supply vulnerabilities highlighted by recent U.S. defense procurement bans and export restrictions by China. With established operations in Portugal and additional projects in Spain and the United States, Almonty is strategically aligned to meet rapidly rising demand from Western allies committed to supply-chain security and defense readiness. To learn more, please visit https://almonty.com.


Legal Notice


The release, publication, or distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this announcement is released, published, or distributed should inform themselves about and observe such restrictions.


Cautionary Note Regarding Forward-Looking Information


This news release contains “forward-looking statements” and “forward-looking information” within the meaning of applicable securities laws.


All statements, other than statements of present or historical facts, are forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and assumptions and accordingly, actual results could differ materially from those expressed or implied in such statements. You are hence cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are typically identified by words such as “plan”, “development”, “growth”, “continued”, “intentions”, “expectations”, “emerging”, “evolving”, “strategy”, “opportunities”, “anticipated”, “trends”, “potential”, “outlook”, “ability”, “additional”, “on track”, “prospects”, “viability”, “estimated”, “reaches”, “enhancing”, “strengthen”, “target”, “believes”, “next steps” or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements in this news release include, but are not limited to, statements concerning the successful commissioning of the Sangdong Tungsten Mine processing plant, the expected timing and capacity of commercial production, the development of the Sangdong Tungsten Mine’s Phase 2 expansion, the development of Almonty’s tungsten oxide facility and the adjacent Sangdong Molybdenum deposit, and the expected impact of tungsten market trends on the Company’s operations.


Forward-looking statements are based upon certain assumptions and other important factors that, if untrue, could cause actual results to be materially different from future results expressed or implied by such statements. There can be no assurance that forward-looking statements will prove to be accurate. Key assumptions upon which the Company’s forward-looking information is based include, without limitation, the successful commissioning of the Sangdong Tungsten Mine processing plant, the expected timing and capacity of commercial production, the development of the Sangdong Tungsten Mine’s Phase 2 expansion, the development of Almonty’s tungsten oxide facility and the adjacent Sangdong Molybdenum deposit, and the expected impact of tungsten market trends on the Company’s operations.


Forward-looking statements are also subject to risks and uncertainties facing the Company’s business, including, without limitation, the risks identified in the identified in the Company’s management’s discussion and analysis for the three and nine months ended September 30, 2025.


Although Almonty has attempted to identify important factors that could cause actual results, level of activity, performance or achievements to differ materially from those contained in forward-looking statements, there may be other factors that could cause results, level of activity, performance or achievements not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, and even if events or results described in the forward-looking statements are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, Almonty. Accordingly, readers should not place undue reliance on forward-looking statements and are cautioned that actual outcomes may vary.


Investors are cautioned against attributing undue certainty to forward-looking statements. Almonty cautions that the foregoing list of material factors is not exhaustive. When relying on Almonty’s forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Almonty has also assumed that material factors will not cause any forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors.


THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF ALMONTY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE ALMONTY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME, WHETHER AS A RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE, EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260316607350/en/
Company Contact

Lewis Black

Chairman, President & CEO

(647) 438-9766

info@almonty.com


Investor Relations Contact

Lucas A. Zimmerman

Managing Director

MZ Group - MZ North America

(949) 259-4987

ALM@mzgroup.us

www.mzgroup.us


Original: Almonty Completes Phase 1 of Sangdong Tungsten Mine in South Korea

Down 7pct to 28.25 = Volatile (naturally)..........on 300,000 8am PST

Nice / thanks
Older cousin
TUNGF
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=177386477
.

Lol, love those annotated charts! ww .. "Next Earnings 2026-03-20"
After next earnings we should be well outta pre-production and see some real income... getting close,


https://www.visualcapitalist.com/how-much-control-china-has-over-the-worlds-critical-minerals/
edit
Almonty's little brother is loaded for bear as well;
https://stockcharts.com/sc3/ui/?s=UURAF&id=p00338994596

Lol, there's an understatement 12, if I ever heard one $30+ Cdn and $22.50 U$D nice double since we last spoke 🤑

Couloir Capital is Pleased to Announce That it Has Updated its Research Coverage on Almonty IndustriesFebruary 24, 2026 8:45 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - February 24, 2026) - Couloir Capital is pleased to announce that it has updated its research coverage on Almonty Industries Inc. (TSX: AII) (NASDAQ: ALM) (ASX: AII) (FSE: ALI1) (or "Company"). Couloir Capital's Research Team crafted a report titled "Higher Tungsten Prices Trigger Revaluation; Sangdong Ramp on Track; Maintain Hold." Report excerpt: "Tungsten market fundamentals have strengthened materially, supported by higher benchmark APT prices that have recently moved above US$1,000/MTU amid robust defence-driven demand and a tightening supply environment. China's export controls implemented in 2025 have reinforced structural supply constraints and accelerated Western efforts to diversify sourcing. Against this backdrop, we adopt a higher long-term price framework, increasing our APT assumption to US$800/MTU from US$450/MTU previously.Operationally, Almonty has transitioned into its next growth phase with the Sangdong Tungsten Mine entering active operations in December 2025 and commencing a staged ramp-up toward nameplate capacity by 2027. Beyond Sangdong, the company is advancing multiple levers for medium-term growth, including capacity expansion at Panasqueira, reserve definition at the Sangdong Molybdenum project, and development progress at Gentung Browns Lake toward potential production readiness in 2H26. Reflecting improved pricing assumptions and clearer production visibility, we update our fair value estimate to C$19.30 per share (from C$7.69 previously) and maintain a HOLD rating."The report can be accessed through Couloir Capital's portal: https://www.couloircapital.com/research-portal. About Couloir Capital Ltd.Couloir Capital Ltd. is an investment research firm with a team of experienced investment professionals providing institutional-quality research coverage for small-cap equities. Our research reports are distributed via Bloomberg, FactSet, Capital IQ, LSEG, Research Tree and other platforms, as well as via social media and extensive email distribution lists. To subscribe, visit: https://www.couloircapital.com/research-portalFor further information, please contact: Rob Stitt, Managing Director, Couloir Capital Ltd.
Email: rstitt@couloircapital.com
www.couloircapital.comDISCLAIMER:Analyst Disclosure: Investors are encouraged to read the complete list of disclosures contained in the report. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285015
Original: Couloir Capital is Pleased to Announce That it Has Updated its Research Coverage on Almonty Industries

Good convo https://stockhouse.com/companies/bullboard?symbol=t.aii&postid=36882564

Bottom line - not too late, still undervalued.
https://www.nasdaq.com/market-activity/stocks/alm/advanced-charting?timeframe=1m

Why Tungsten Has Jumped to No. 1 on the World’s Critical Minerals Hot List



Weekly Chart
https://schrts.co/ZmuXBpAB

Yeah, posted from ceo or stockhouse or somewhere .. lol, lotta fibbin' over there..

What the.....
ha-ha.......ha-ha-ha
Good post !
But now, what might that mean for all the . . . . .
Almontys ? of the world ?

Regardless I'd now like to subscribe to that channel



Do you have OTHER good things to Subscribe to ?

.😉

.

Couple good reads. Hey!, congrats team on your 1500% since this time last year...
https://investornews.com/critical-minerals-rare-earths/why-tungsten-has-jumped-to-no-1-on-the-worlds-critical-minerals-hot-list/
https://www.ad-hoc-news.de/boerse/news/ueberblick/almonty-industries-a-strategic-tungsten-play-reaches-unprecedented/68518082#google_vignette

Don't know if any of u fkrs are paying attention but 300% not a hallucination:

Comment by Sargonskion Jan 04, 2026 3:40pm
55 Views
Post# 36845080
RE: Coffee With Samso Ep 214 - Two Days Ago FYI....
Excellent confirmation of the disconnect between the current price of APT - posted for the first time since the year end at $1111 APT-mtu .. and the valuation of a company producing 300,000 mtu short term and 600,000 mtu a year from now .. 2027 ..

As Lewis stated directly .. talking about 800 mtu .. "We can't put that into the model and publish the numbers " way too fantastical -- no one would believe or take seriously "

THe problem is assuming that we will get 1100 dollar APT long term .. the question is what to we predict this time next year.. ? Lewis saying 450-550 is a uber conservaative under estimate .. what he is saying is at that level we are fantastically profitable ..

Let us investigate how profitale .. using 550 APT and a more realistic 800 APT (realisic on the basis of precitions by the experts that the supply imbalance and deficit will definitely take more than a year to correct .. We shall see .

Using 250 .. all in costs (230 was the figure used by the analysts) at 550 / mtu-apt we have 300 / mtu profit x 300,000 - 90 million near term .. x 600,000 = 180 million come 2027.

The extra 140,000 from the US Montana asset which could be ready as early as mid 2027 adding another 42 million .. for a total of 222 million by the end of 2027

Not including anything in for the Moly -- nor the Oxide plant which is fully financed

222 million .. on the basis of 550 APT USD .. at a 20 PE .. supports a market cap of 4.44 Billion x 1.37 = 6 Billion CAD .. roughly Double our current MP of 3 Billion CAD .. at SP 12 Dollars ... so at 24 Dollars CAD we are fairly valued

At 800 APT/mtu profit is 550 instead of 300 USD- we are talking 44 CAD per Share. .. which is ridiculous as lewis says .. never-mind feeding 1100 USD - mtu ATP into the model we are talking 68 dollars CAD per share .. .. which is loopy doopy but the numbers are what they are.

China just executed the most sophisticated economic warfare operation in history.



And almost nobody noticed.



Here's what happened:



On February 4, 2025, Beijing implemented tungsten export licensing. Not a ban. Just paperwork.



The result? U.S. importers received ZERO export licenses. All year. Not one kilogram approved.



This is sanctions by bureaucracy. Quiet. Deniable. Devastating.



Why it matters:



China controls 82.7% of global tungsten production.



The U.S. produces exactly ZERO.



Tungsten makes:

? Armor-piercing ammunition

? Semiconductor interconnects

? Every cutting tool in manufacturing



No tungsten = no bullets, no chips, no machining.



The Pentagon disclosed the Army's armor-piercing inventory can only meet combat requirements for 90 DAYS.



Semiconductor fabs face wafer start reductions within 6-8 WEEKS of shortage.



Price has exploded 200% this year alone.



The 2027 NDAA deadline bans Chinese tungsten from defense contracts.



Western mines won't reach production until 2028-2030.



Do the math. The gap cannot close in time.



This is the playbook China tested on gallium, germanium, and antimony. Now perfected.



The weapon isn't supply control.



The weapon is the filing cabinet where export applications go to die.



My prediction: By mid 2026, at least one major NATO defense contract will miss delivery due to tungsten shortage. Screenshot this.



The nation that controls tungsten controls permission to manufacture.



That permission now requires a stamp from Beijing.



And the stamp never comes.


25 Dec 2025, 2:50
0
@DireDareKareWOLFRAM DOMINION
WOLFRAM DOMINION

China just executed the most sophisticated economic warfare operation in history.

And almost nobody noticed.

Here's what happened:

On February 4, 2025, Beijing implemented tungsten export licensing. Not a ban. Just paperwork.

The result? U.S. importers… pic.twitter.com/Pz091pdMOZ— Shanaka Anslem Perera ⚡ (@shanaka86) December 27, 2025

Still early 

Post by coolslidderon Dec 18, 2025 10:25am
88 Views
Post# 36829933
Institutional Ownership Snapshot
Almonty is seeing a surge in institutional interest as it ramps up production at Sangdong and benefits from record tungsten prices. Here’s a breakdown of who’s holding shares now:

Passive Index Funds / ETFs Holding Almonty
Fund Name (Type) Almonty Shares Held % of Fund’s Assets Latest Disclosed
VanEck Rare Earth/Strategic Metals ETF (REMX) (ETF) ~2,500,000 1.28% 17 Dec 2025
iShares S&P/TSX Global Base Metals Index ETF (XBM) (ETF) ~170,000 (est.) 0.64% 15 Dec 2025
iShares S&P/TSX SmallCap Index ETF (XCS) (ETF) ~85,000 (est.) 0.52% 15 Dec 2025
VanEck Global Mining UCITS ETF (GIGB) (ETF – Europe) ~85,000 (est.) 0.06% 15 Dec 2025
SPDR S&P International Small Cap ETF (GWX) (ETF) ~40,000 (est.) 0.04% 15 Dec 2025
Desjardins Canadian Equity Index ETF (DMEC) (ETF) ~40,000 (est.) 0.03% 15 Dec 2025
Mackenzie Canadian Equity Index ETF (QCN) (ETF) ~110,000 (est.) 0.02% 15 Dec 2025
TD S&P/TSX Capped Composite Index Fund (TTP) (ETF) ~110,000 (est.) 0.02% 15 Dec 2025

Active Institutional Investors Holding Almonty
Institutional Holder (Type) Almonty Shares Held % of Company (approx.) Latest Disclosure
Driehaus Capital Management (USA – Asset Mgmt) 3,386,117 ~1.7% 30 Sep 2025
Hood River Capital Management (USA – Asset Mgmt) 2,421,657 ~1.1% 30 Sep 2025
Telemark Asset Management LLC (USA – Hedge Fund) 1,300,000 ~0.58% 10 Nov 2025
Alyeska Investment Group L.P. (USA – Hedge Fund) 1,300,000 ~0.58% 17 Nov 2025
ArrowMark Colorado Holdings LLC (USA – Asset Mgmt) 1,294,701 ~0.58% 17 Nov 2025
Millennium Management LLC (USA – Hedge Fund) 985,902 ~0.44% 17 Nov 2025
Old West Investment Management LLC (USA – Asset Mgmt) 356,146 ~0.16% 5 Nov 2025

No major institutional selling has been reported in the past quarter. All recent changes have been net additions — especially from VanEck REMX, which added ~2.5M shares in its December rebalance. Almonty’s inclusion in the S&P/TSX Global Mining Index earlier this year also triggered ETF inflows.
https://stockhouse.com/companies/bullboard?symbol=t.aii&postid=36829933

https://www.nationaldefensemagazine.org/articles/2025/12/18/mining-companies-squaring-up

Not bad 12, couple bucks in as many daze. Revz not to far along - more bucks freak-out!
$ALM $AII

No looking back now me thinks. Roll out imminent..
$ALM $AII

https://www.reddit.com/media?url=https%3A%2F%2Fpreview.redd.it%2Fsangdong-mine-processing-plant-building-a-logo-finally-v0-uwlbqf2kpa3g1.jpeg%3Fwidth%3D640%26crop%3Dsmart%26auto%3Dwebp%26s%3Dd930ff0e06cfc6a083a6ea726b36be72cad64b9a

Trump has always been so good for this stock $ALM $AII

China Introduces New Exports Controls On Antimony, Tungsten And Silver
Tyler Durden's Photo
by Tyler Durden
Wednesday, Nov 05, 2025 - 09:20 PM

According to Trump, his big achievement a week ago when he announced the trade truce with China, was getting Beijing to agree to remove export limitations on rare earth minerals, which as most now know are so critical for US companies to make everything from cell phones, to cars, and military equipment. And yet, as discussed on a few occasions this week, it feels like the cracks in this latest trade deal are already starting to show, whether it is Beijing ordering Trump what he can't talk about, or quietly ring-fencing its domestic data center by banning US AI chips.

And now, it appears that while China granted Trump a 1 year reprieve on rare earths, it is quietly tightening the export noose on other, just as important minerals.

According to the Global Times, China has introduced new export controls on silver, antimony, and tungsten.

In the statement published on the MOFCOM's website last Thursday, the export controls are for the 2026-27 period, and have the stated aim of "stepping up the protection of resources and the environment."

The Global Times continues:

The document was proposed by the Department of Foreign Trade of MOFCOM, based on the regulations outlined by the Foreign Trade Law of and the Regulations on the Administration of Import and Export of Goods. It aims to protect resources and the environment and enhance the export management of rare metals, said the MOFCOM.

Which is amusing: the only reason why China is currently the world leader in global rare earth refining - which is an extremely polluting and toxic process - is precisely because China has absolutely no regard for the environment; that's because it has a huge land mass which is expendable, and it can use and abuse as it sees fit, and has millions of workers which are just as expendable.

Take the world's largest rare earth processing mine, Bayan Obo, which is located in the barren Inner Mongolia region, and which has generated over 70,000 tons of radioactive thorium as toxic byproducts from years of REE processing.
https://www.zerohedge.com/technology/china-introduces-new-exports-controls-antimony-tungsten-and-silver

American Integrity Insurance Group, Inc. (NYSE: AII) .. not.

Nice try 12 on the hyperbole.. now, settle in for the long haul:

Post by thasis on Aug 25, 2025 6:17pm
Where do we go from here....???
Lewis has mentioned on several occasions he wants full value on this asset.

He needs to jump through 4 hurdles to achieve that.

(1 Commercial production of Tungsten portal 1. Emminent
(2 Commercial production of Tungsten portal 2 12- 18 months
(3 Commercial production of Moly portal 1 18- 24 months
(4 Commercial production of Tungsten Oxide 24- 36 months

Once these are achieved, M&A will then be under serious review.
It is my belief any possible take over prior to this would need to be hostile, with the most likely candidate if that were to happen being one of the Euro banks. One that already has an existing position.
I see a minimum time horizon for all of the above 2-3 years. Until then trade it or watch your nestegg grow.
Value then will be closer to what MP Materials trades at. But, Almonty will have 4 active revenue generators at that time so figure that out at 21 x earnings and we are easily $25 plus .
Cheers !!
https://stockhouse.com/companies/bullboard?symbol=t.aii&threadid=36691708

40 days, 40 nights,.. where would I be without my Almonty..

.. more good pumping:

Almonty has positioned itself at the center of the U.S. government's push to secure critical mineral supply chains.

There are some serious political connections here:

General Gustave Perna, former COO of Operation Warp Speed, is now on Almonty’s board. A recent Reuters article even quotes U.S. officials saying they want to move “as quickly as Operation Warp Speed” to secure critical minerals. That’s not a coincidence.

Alan Estevez, former Under Secretary of Commerce for Industry and Security (the same department that oversees the CHIPS Act), is also on the board. That gives Almonty direct insight into how U.S. industrial policy and funding decisions are made.

Almonty is currently redomiciling to the U.S., which is a key step in unlocking access to federal funding, defense procurement, and CHIPS-style incentives. Their new American CFO starts Monday, marking the first official step in that transition.

There’s been very little external news lately, and that might not be accidental. Some are speculating that a major announcement could come as early as Monday, following the end of the 40-day quiet period. The finalization of the redomiciling may be that announcement. While the act of redomiciling itself isn’t necessarily newsworthy, what it unlocks is: the ability for Almonty to enter into strategic partnerships with the U.S. government.

I believe the reason they’ve been so quiet is that their highly connected leadership—and strategic partners like American Defense International (who also represent MP Materials)—have been working behind the scenes to get everything lined up for when Almonty is officially an American company.

Based on the timeline of regulatory filings and leadership changes (i.e. their new CFO), it’s reasonable to expect the redomiciling to be finalized in late August or early September 2025. This timing would align with:

The need for a U.S.-based financial officer to satisfy regulatory and governance requirements.
The strategic withholding of major U.S. government partnership announcements until the company is fully domiciled in the U.S.

Once that happens, Almonty could be in a prime position to benefit from the U.S. critical minerals strategy—which I believe we will start seeing announcements in September or October as they are finalized after the redomiciling.

I am very bullish on this stock and believe the recent volatility is a combination of low float, speculative positioning ahead of expected news, and uncertainty during the quiet period. Once clarity returns and the redomiciling is official, I expect sentiment and volume to shift quickly.
https://stockhouse.com/companies/bullboard?symbol=t.aii&postid=36688748

ALL: ticker ALMT on the OTC is now also listed on the NASDAQ:

https://otce.finra.org/otce/dailyList?viewType=Deletions

130 years (near) continuous operation.. purest concentration in the world.. see tour in Portugal;


Oh yeah, NASDAQ soon share consolidation immediately..

Clear plan going forward; https://stockhouse.com/opinion/contributors/2025/06/09/almonty-industries-the-new-pillar-western-raw-material-security

.@SDST_Power & Almonty Industries join @JillMalandrino on @Nasdaq #TradeTalks to discuss America’s critical shift in energy, metals, and minerals and the need for policy alignment. https://t.co/k0lKcawbT7— TradeTalks (@TradeTalks) April 10, 2025

At some point in the near future me thinks you want to buy some more. buck ninety nine is probably fine.

Looks like the market liked the news this morning..
https://ceo.ca/@businesswire/almonty-industries-secures-strategic-partnership-agreement

Ceo Lewis Black giddy "I'm a shareholder first". Up in Europe.. still moving,

Lol, the geography question is funny (as I'm sure I've seen google maps integrated into some of ur charts ;) BUTT

My bot buddy is always very clear [.. with a few prompts ;]

Almonty Industries decided to move its jurisdiction of incorporation from Toronto, Canada to Delaware, USA, for several strategic reasons

Aligning with Shareholder Base: The move aligns Almonty's corporate structure with the location of a significant portion of its shareholder base

Access to US Markets: Being based in the United States enhances Almonty's ability to access key US markets

Regulatory Framework: Delaware's robust regulatory framework for critical materials like tungsten and molybdenum provides a compelling jurisdiction for incorporation

Legal Clarity: The Delaware General Corporation Law (DGCL) offers well-defined guidance on the duties and obligations of directors and officers, benefiting both the company and its shareholders

Global Tensions: Ongoing global tensions, such as export restrictions in China and import duties by the United States, make the US a strategic location for Almonty

As you intimated being close to Washington (at least these next four years) figuratively and literally [although Chesapeake Bay is fairly large ;] : "This move is expected to enhance Almonty's long-term competitiveness and agility in a dynamic global market"

Drill bits baby !........Drill bits !.......Yeah ?
Well ?......So, where're ya' gonna be gettin' yer tungsten from ?
China produced over 80% of global tungsten supply in 2023
Interesting article (that).
Merci

Scroll down ;
https://ih.advfn.com/stock-market/TSX/AII/stock-news/95330901/small-cap-miner-rallies-on-exclusive-offtake-agree


https://ih.advfn.com/stock-market/TSX/AII/stock-news/95278088/almonty-announces-intention-to-relocate-to-the-uni


Head Office now : Delaware ?
hmmmmm......oh wow
Isn't that somewhere near......WASHINGTON ?


.

Hey WW, lol yeah filmed some years ago before the build out (set for completion soon ;)

Not sure how I came to aii but when I saw your posts/you being you I took a good look 🙂

Geopolitics for sure a factor (.. interesting this article mentions China unique "grade" of tungsten as being more less irreplaceable BUT
Sandong apparently is also of such a high grade/quality)

All the best..

BEIJING, Feb 5 (Reuters) - Shares of major Chinese tungsten producers rallied on Wednesday as markets reacted to Beijing's latest critical mineral export controls on the first day of trading after the week-long Lunar New Year holiday.
Soon after fresh U.S. tariffs on Chinese goods took effect on Tuesday, China said it would restrict exports of five critical minerals — tungsten, indium, bismuth, tellurium, and molybdenum — used in defence, clean energy and other industries to "safeguard national security interests."
https://www.reuters.com/markets/asia/shares-china-tungsten-producers-rally-beijings-latest-export-curbs-2025-02-05/

Holy Alimonty

Was that filmed at the Sangdong Mine ?

You've filled in some good dd blanks ; Offtake / etc. Thanks

June of 2021 ?





Kinda funny how neatly those lines have played out......







I always LIKED thier story / asset(s)

It's just that........Commodities have been so despised and neglected (compared to all the cryptos)



Hmmmmm.......From .50 cents to a dollar fifty..........* It's only a triple bagger.......

Often times things like it CAN grow to 10 bags.......

Is the chart screaming OVERSOLD ?........OR perhaps BREAKOUT ?????




LoLoL


.

Nice day.
https://almonty.com/wp-content/uploads/2024/05/AII_2024_AIF_YE-2023-Dec-31-2023_FINAL_SEDAR.pdf

Comprehensive Tungsten market analysis with Almonty fully accounted for..
https://theoregongroup.substack.com/p/tungsten-supply-crisis-threatens?utm_source=post-email-title&publication_id=1170894&post_id=156450586&utm_campaign=email-post-title&isFreemail=true&r=79n1g&triedRedirect=true&utm_medium=email

Cooperation with Canada is Essential for the United States to Free Itself from China’s Grip on Critical Minerals
By Lewis Black, Chairman, President and CEO, Almonty Industries
https://canadianminingmagazine.com/blog/mining-environment/cooperation-with-canada-is-essential-for-the-united-states-to-free-itself-from-chinas-grip-on-critical-minerals/

Nice bid end of day..

Yeah 12.. as usual somebody knew something:


Almonty Industries has entered into an Offtake Agreement with SeAH Group, the Korean Steel Giant and SpaceX Contractor, to Supply SeAH with the Entire Production ofMolybdenum from Almonty’s Sangdong Molybdenum Project for the Life of Mine
Last Updated, January 28, 2025


https://almonty.com/offtake-agreement-with-seah-group/

Very bullish buys last 10 minutes.. half mil $.

Everything down but Almonty. My chatbot buddy after several refining questions concluded:

Overall, the entry of the Sangdong mine into the market is likely to bring about significant changes, particularly in terms of supply chain dynamics and geopolitical strategies. It will be interesting to see how this plays out in the coming years.

Must be tacit agreement among the big players; 'let's not fuck absolutely everything'. lol.
Thanks for the chart. Will look closer at Crypto. Won't depend on Don to impress. Markets are high.. like a sugar high. Thanks Joe.
Almonty wouldn't do well in a world wide recession.
Cheers's WW2 🙂

Yeah well you'd THINK tungsten would be a pretty important monieral but it doesn't SEEM to be......
SO much more exciting and rewarding are the cryptos......Fart Coin for example.





Thanks for the reminder(s)

he Los Santos Mine was acquired by Almonty in September 2011 and is located approximately 50 kilometres from Salamanca in western Spain and produces tungsten concentrate. The Panasqueira mine, which has been in production since 1896, is located approximately 260 kilometres northeast of Lisbon, Portugal, was acquired in January 2016 and produces tungsten concentrate. The Sangdong mine, which was historically one of the largest tungsten mines in the world and one of the few long-life, high-grade tungsten deposits outside of China, was acquired in September 2015 through the acquisition of a 100% interest in Woulfe Mining Corp.


https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=ca%3Aaii&time=100&startdate=5%2F4%2F2010&enddate=8%2F28%2F2025&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&x=51&y=14&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9

Interesting..

.. dam at Sisson would have a 98.65% chance of surviving 27 years without a failure, or a 1 in 74 risk of at least one failure over 27 years....

.. and that 39% of the tailings dam failures worldwide occur in the United States, significantly more than in any other country.
https://en.wikipedia.org/wiki/Sisson_Mine