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 The Base Prospectus and Registration Statement are being withdrawn because, following the successful completion of the Company's previously announced upsized [...]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 [...]
Almonty Industries announced the commencement of a large-scale drilling program at its Panasqueira Mine in Portugal, with the objective to define the mine plan for the expansion into Level 4, a new production level. The drilling program also aims to support an increase in annual output and a potential extension of the mine's operational life. Level 4 will be explored through surface and underground diamond drilling [...]
Almonty Industries Inc. , a leading global producer of tungsten concentrate, today announced its financial results for the three and nine months ended September 30, 2025. Financial Summary: Unless otherwise indicated, all figures are expressed in millions of Canadian dollars. Three Months Ended September 30, 2025 2024 Revenue $8.7 $6.8 Income from Mining Operations $1.3 $0.7 General and Administrative Costs $3.7 $1.3 [...]
Almonty Industries Inc. , a leading global producer of tungsten concentrate, today announced that it has entered into a binding share purchase transaction involving U.S. Tungsten Inc., a United States based privately-owned minerals explorer, to acquire the exclusive right to explore, develop and mine certain unpatented tungsten mining claims located in Beaverhead County, Montana in the United States for aggregate [...]
Almonty Industries Inc. , a leading global producer of tungsten concentrate, is pleased to announce that it has filed a preliminary short form base shelf prospectus with securities regulatory authorities in Ontario, Alberta and British Columbia and a corresponding registration statement on Form F-10 with the United States Securities and Exchange Commission under the Canada/United States Multi-Jurisdictional Disclosure [...]
Almonty Industries Inc. , a leading global producer of tungsten concentrate, today announced that it has filed a Notice of Application in the Ontario Superior Court of Justice against Pure Tungsten Inc. . The filing seeks injunctive relief to address materially false and misleading statements circulated by Pure Tungsten regarding Almonty, its flagship Sangdong Mine, and the past involvement of Mr. Tiger Kim in Almonty [...]