Almonty Industries Inc. , a leading global producer of tungsten concentrate, announced today the pricing of its underwritten public offering in the United States of 20,000,000 common shares at a public offering price of US$4.50 per Common Share, for total gross proceeds of US$90 million . In connection with the Offering, the Company has granted the Underwriters a 30-day over-allotment option to purchase up to an [...]
Almonty Industries Inc. , a leading global producer of tungsten concentrate, is pleased to announce that it has filed a registration statement on Form F-10 , including a preliminary short form base PREP prospectus prepared in accordance with National Instrument 44-101 - Short Form Prospectus Distributions and National Instrument 44-103 - Post-Receipt Pricing , with the Ontario Securities Commission , the review [...]
Almonty Industries Inc. , a leading global producer of tungsten concentrate, is pleased to announce that it has filed an updated technical report for its Sangdong Tungsten Mine prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects . The Technical Report is entitled "NI 43-101 Technical Report on the Mineral Resources and Reserves of the Sangdong Project, South Korea", dated [...]
Almonty Industries Inc. , a leading global producer of tungsten concentrate, is pleased to announce that it has filed articles of amendment to consolidate its issued and outstanding common shares on the basis of one post-consolidation Share for every one and a half pre-consolidation Shares . The Consolidation was approved by shareholders of the Company at the annual general and special meeting of Shareholders held on [...]
Almonty Industries Inc. , a leading global producer of tungsten concentrate, today announced that the Company's stock has been added to the S&P/TSX Global Mining Index, effective as of market open on June 23, 2025. The S&P/TSX Global Mining Index provides investors with a benchmark for globally traded mining companies and includes a diversified group of international producers and developers of precious, base, and [...]
Almonty Industries Inc. , a leading global producer of tungsten concentrate, today announced the receipt of a formal letter [available here] from the Chairman and Ranking Member of the U.S. House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party. The letter underscores Almonty's strategic importance to the United States as it seeks to secure critical mineral supply chains amid rising [...]
Almonty Industries Inc. , a leading global producer of tungsten concentrate, is pleased to announce the appointment of Alan Estevez to its Board of Directors, effective May 30, 2025. Mr. Estevez is a nationally recognized authority in national security, defense logistics, and strategic trade. From 2022 to 2025, he served as Under Secretary of Commerce for Industry and Security, where he led U.S. efforts to curb [...]
Almonty Industries Inc. , a leading global producer of tungsten concentrate, today announced that, upon being invited to join, it has attained membership in the Critical Minerals Forum , a US Defense Advanced Research Projects Agency -funded not-for-profit trade association dedicated to building resilient and diversified critical minerals supply chains. Almonty was invited to join the CMF as the main Western tungsten [...]
Almonty Industries Inc. , a leading global producer of tungsten concentrate, today announced its first quarter 2025 financial results. Financial Summary: Unless otherwise indicated, all figures are expressed in Canadian dollars. Three Months Ended March 31, CAD$ in millions 2025 2024 Revenue $7.91 $7.82 Income from Mining Operations $0.752 $0.606 Operating Expenses $9.5 $4.3 Loss before valuation of warrant liabilities [...]
Almonty Industries Inc. , a leading global producer of tungsten concentrate, today announced the execution of a binding Offtake Agreement with Tungsten Parts Wyoming, Inc. , a U.S.-based defense contractor, and Metal Tech , a tungsten processor based in Israel. Under the agreement, TPW has committed to purchase a minimum of 40 metric tons of tungsten oxide per month from Almonty. All material supplied under the agreement [...]
Almonty Industries Inc. , a leading global producer of tungsten concentrate, announces the results of its annual general and special meeting of shareholders held today. 1. ELECTION OF DIRECTORS The seven nominees listed in the Company's management information circular dated March 21, 2025 provided in connection with the Meeting were elected as directors of the Company. Detailed results of the votes are as set out below [...]
Almonty Industries Inc. , a leading global producer of tungsten concentrate, is pleased to confirm that, based on currently available information, its operations and product exports are not affected by the recent Executive Order issued by the United States government regarding reciprocal tariffs on select imports. The Executive Order published on April 2, 2025, outlines new tariff measures targeting specific Harmonized [...]