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 [...]
Almonty Industries Inc. , a leading global producer of tungsten concentrate, today announced the appointment of General Gustave F. Perna to the Company's Board of Directors, effective March 20, 2025. General Perna brings extensive executive and military leadership experience to Almonty, with a strong background in strategy, supply chain management, logistics, and talent development across high-paced global industries. His [...]
Almonty Industries Inc. , a leading global producer of tungsten concentrate, today announced its fiscal year 2024 financial results. Financial Summary: Unless otherwise indicated, all figures are expressed in Canadian dollars. Fiscal Year Ended Jan. 31, CAD$ in millions 2024 2023 % Increase Revenue $28.8 $22.5 28.0% Income from Mining Operations $2.0 $1.1 81.8% Operating Expenses $8.9 $7.0 27.1% Net Loss $ $ Adj. EBITDA [...]
Almonty Industries Inc. , a leading global producer of tungsten concentrate, is pleased to announce that it has entered into a strategic partnership agreement with American Defense International, Inc. , a prominent government relations and business development firm based in Washington, D.C. This partnership represents a significant step in strengthening Almonty's strategic positioning within the critical metals sector to [...]
Almonty Industries Inc. , a leading global producer of tungsten concentrate, today announced that management has been invited to attend the Sidoti Small Cap Conference taking place on March 19-20, 2025. Business Development and Financial Planning Officer, Sophie Frédérique Wind-Veeser is scheduled to host one-on-one meetings with institutional investors throughout the event. Lewis Black, President & CEO of the Company [...]
Almonty Industries Inc. is pleased to announce that the holders of common shares in the capital of the Company have overwhelmingly voted to approve Almonty's proposed continuance from Canada to the State of Delaware, USA . A special resolution permitting the Company to effect the US Domestication was approved by 99.96% of the votes cast at a special meeting of Shareholders held earlier today. Details of the voting results [...]
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