Almonty Industries Inc. , 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 from Mining Operations $1.3 $2.4 [...]
Almonty Industries Inc. , 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 [...]
Almonty Industries issued a letter to shareholders from Lewis Black, Chairman and Chief Executive Officer of Almonty. Dear Fellow Shareholders, The start of active mining operations at the Sangdong Tungsten Mine in Dec 2025 was a milestone for Almonty. Sangdong is the foundation of our strategy to establish a secure, reliable, and geopolitically aligned supply of tungsten for the United States and its allies. Our vision [...]
Almonty Industries Inc. , a leading global producer of tungsten, today announced the appointment of Guillaume Wiesenbach de Lamaziere, CFA as Chief Development Officer to spearhead key corporate development strategy and execution. Guillaume Wiesenbach de Lamaziere is a seasoned financial and capital markets executive with over 30 years of experience leading complex and large-scale, cross-border projects in banking and [...]
Deutsche Rohstoff announces that the percentage of common shares of Almonty Industries beneficially owned or controlled by Deutsche Rohstoff has fallen below 10%. Prior to Almonty's public financing closed on Dec 10, 2025, Deutsche Rohstoff AG beneficially owned or controlled 20.440.091 shares and CHESS Depository Interests and convertible notes and debentures which upon exercise would entitle Deutsche Rohstoff to [...]
Almonty Industries Inc. , a leading global producer of tungsten, today announced the first truckload of ore has been successfully delivered to the ROM pad at the Sangdong Mine, a pivotal transition from early-stage mine development to active mining operations and the final step before commencement of commercial production. This press release features multimedia. View the full release here [...]
Almonty Industries Inc. , a leading global producer of tungsten concentrate, announced today that the Company is voluntarily withdrawing its short form base shelf prospectus dated October 31, 2025 and the corresponding registration statement on Form F-10 . The Base Prospectus and Registration Statement are being withdrawn because, following the successful completion of the Company's previously announced upsized [...]
Almonty Industries announced the closing of its previously announced upsized underwritten offering of common shares, including the full exercise of the underwriters' over-allotment option, for aggregate gross proceeds of US$129,375,000. The syndicate of underwriters was led by BofA Securities as Lead Bookrunning Manager and also included Cantor Fitzgerald & Co., D.A. Davidson & Co. and A.G.P./Alliance Global Partners as [...]
Almonty Industries announced the pricing of an upsized underwritten offering in the United States of 18,000,000 common shares at a public offering price of US$6.25 per Common Share, for total gross proceeds of US$112,500,000. In addition, Almonty has granted the Underwriters a 30-day over-allotment option to purchase up to an additional 2,700,000 Common Shares at the public offering price, less the underwriting discount [...]
Almonty Industries announced the filing of a preliminary prospectus supplement to its short form base shelf prospectus dated Oct 31, 2025, in connection with a proposed public offering of 15 million of Almonty's common shares in the United States . In addition, Almonty proposes to grant to the underwriters an option to purchase up to an additional 2.25 million Common Shares. The Supplement was filed with securities [...]
Almonty Industries announced the appointment of Brigadier General Steven L. Allen as Chief Operating Officer to optimize tungsten deliveries at the Company's Sangdong and Panasqueira Mines, as well as accelerating the development of the South Korean Sangdong Molybdenum Project and the U.S. based Gentung Browns Lake Project. General Allen brings over three decades of distinguished leadership and operations experience in [...]
Almonty Industries is pleased to announce that it has commenced operations in the United States with the successful acquisition of a 100% ownership of the Gentung Browns Lake Tungsten Project. With this closing, Almonty has added one of the most advanced undeveloped tungsten assets in the United States to its global portfolio. Project Highlights NI43-101 Total Mineral Resources: 7.53 Mt @ 0.315 % WO? at 0.10 % cut-off [...]