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Almonty Industries Inc.
Almonty Industries will host its 2026 Investor Day on Monday, October 19, 2026, at 9:00 a.m. ET. During the event, management will provide an overview of the global tungsten market and operational updates across its portfolio, including the Sangdong Mine.…more
Almonty Industries Inc.
Almonty Industries has reached a settlement with Pure Tungsten, resulting in a corrective disclosure confirming that Tiger Kim never held any executive or director position at the company. This settlement officially resolves false claims that Mr. Kim served as a Representative Director of the Sangdong Mine between 2010 and 2020.…more
Almonty Industries Inc.
Almonty Industries has approved the resignation of its former auditor, Zeifmans LLP, and appointed PricewaterhouseCoopers LLP (PwC) as its new independent registered public accounting firm, effective September 29, 2026. The company confirmed that this change was not due to any disagreements regarding accounting principles or auditing procedures, and PwC will serve until the next annual meeting of shareholders.…more
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Almonty Industries Receives Operational Certificates for Sangdong Mine Facilities…more
Almonty Industries has received final inspection certificates to commercially operate its processing and crushing facilities at the Sangdong Mine in South Korea. This approval marks the completion of all necessary administrative requirements to begin commercial tungsten concentrate production and exports.…more
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Almonty Industries has entered into a take-or-pay tungsten concentrate supply agreement with Sandvik's Wolfram Bergbau und Hütten, including a $3 million upfront payment. While the deal establishes a long-term supply channel, the impact on overall profitability remains to be seen.…more
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Almonty Industries has secured tungsten exploration concessions and a mineral processing license in Rwanda in exchange for a 25% equity stake in its local subsidiary. This partnership allows the company to access existing production bases and expand its mineral processing capabilities in the region.…more
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