Almonty Industries Inc.
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Lewis Black
- Full Time Employees
- 341
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 8 S Idaho St Dillon MT United States 59725
- IPO Date
- Jul 14, 2025
- CIK
- 0001670061
- Website
- almonty.com
- Similar Companies
- Business
- Almonty Industries Inc. is a global tungsten mining company engaged in the mining, processing, and shipping of tungsten concentrate, along with exploration for tin and tungsten deposits. The company operates the Panasqueira Mine in Portugal, producing high-purity wolframite concentrate, aggregates, and collectible minerals; the Los Santos Mine in Spain, yielding scheelite concentrate via gravity separation processing of open-pit ore; the Valtreixal Project in Spain, an exploration-stage tungsten deposit; and the Sangdong Mine in South Korea, a redevelopment project producing tungsten concentrate, molybdenum, bismuth, and gold byproducts. Almonty Industries focuses on acquiring, optimizing, and turning around distressed tungsten assets in conflict-free regions, serving defense, technology, and industrial markets requiring secure non-Chinese supply chains. Founded in 2011 and headquartered in Toronto, Canada, the company maintains primary operations in Spain, Portugal, and the Republic of Korea, with approximately 400 employees and listings on the Toronto Stock Exchange (AII), ASX, OTCQX (ALMTF), and Frankfurt (ALI). Recent developments include the commencement of commercial mining at the Sangdong Mine with delivery of first ore to the ROM pad in December 2025; a US$90 million equity financing closed in July 2025 to fund Sangdong development and position Almonty as a leading non-Chinese tungsten producer; a strategic partnership with American Defense International announced in March 2025 to support U.S. defense and technology supply chains amid redomiciling to the United States; entry into a binding agreement to acquire a strategic U.S. tungsten project in Montana; initiation of a large-scale drilling program at Panasqueira Mine for Level 4 expansion; and filing of a preliminary base shelf prospectus in 2025, later voluntarily withdrawn.
Company News
Diamond Equity Research Releases Update Note on Almonty Industries, Inc. (Nasdaq: ALM; Frankfurt: ALI1)
Almonty Industries Inc. (ALM) Analyst/Investor Day Prepared Remarks Transcript
Down 24.4% in 4 Weeks, Here's Why Almonty Industries Inc. (ALM) Looks Ripe for a Turnaround
Almonty to Host Investor Day via Live Webcast on Monday, October 19, 2026
Almonty to Host Investor Day via Live Webcast on Monday, October 19, 2026
Almonty Industries (NASDAQ:ALM) Shares Gap Down – Should You Sell?
Almonty Industries Inc. (ALM) Presents at 20th International Investment Forum (IIF) Transcript
Almonty Secures Corrective Disclosure from Pure Tungsten Following Successful Settlement Confirming Tiger Kim Held No Leadership Role at Almonty at Any Time
Almonty Industries (NASDAQ:ALM) Shares Gap Up – Should You Buy?
EADV 2026: Long-Term Disease Control for up to Five Years in Patients With Moderate-to-Severe Atopic Dermatitis Treated With Lebrikizumab
Almonty Issues Shareholder Letter and Provides Corporate Update
Almonty's Sangdong Processing Plant Receives Final Operational Certification -- Phase I is Now Commercially Operational
Is Almonty a Buy After Its 326% Rally?
Almonty Signs Tungsten Offtake Agreement with Sandvik Group Subsidiary for Recycling of Existing Mine Tailings
Almonty and the Government of Rwanda Form Strategic Tungsten Partnership
A Look at Almonty Industries Inc (ALM) After 4.5% Decline -- GF Value $3.93 vs Price $18.05
Global Tungsten Market Size Projected to Reach $9.62 Billion By 2030
Almonty Industries: Panasqueira Has Already Proven The Sangdong Earnings Model
Almonty Industries: The King Of Ex-China Tungsten Just Reached An Inflection In Profitability, On The Eve Of Massive Growth
Almonty Industries Inc (ALM) Shares Surge 8.4% -- What GF Score of 53 Tells Investors