Almonty Advances Intent to Become The Leading U.S. Integrated Tungsten Producer with Acquisition of Gentung Browns Lake Tungsten Project in Montana
Almonty Industries Inc. - Common Shares (ALM)
Company Research
Source: Business Wire
TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company“) (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), a leading global producer of tungsten concentrate, 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 in Beaverhead County, Montana. With this closing, Almonty has added one of the most advanced undeveloped tungsten assets in the United States to its global portfolio.Project HighlightsNI43-101 Total Mineral Resources: 7.53 Mt @ 0.315 % WO3 at 0.10 % cut-off (1)Deposit Type: Contact metasomatic garnet skarn hosting scheelite mineralizationMining Method: Room-and-pillar underground development in competent skarn rockMetallurgy: 90 % tungsten recovery; 20-25 % garnet recoveryInfrastructure: Road access, nearby power, water rights, and existing mill siteDevelopment Path: Exclusive rights to explore and develop the Gentung-Browns Lak
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News
- Almonty Appoints Decorated U.S. Army Brigadier General (Retired) Steven L. Allen as Chief Operating OfficerBusiness Wire
- Almonty Industries Montana Project to be the first U.S. tungsten mine since 2015 [Yahoo! Finance]Yahoo! Finance
- Almonty Industries Montana Project to be the first U.S. tungsten mine since 2015 [FOX Business Network]FOX Business Network
- Almonty Industries (NASDAQ:ALM) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Almonty Advances Intent to Become The Leading U.S. Integrated Tungsten Producer with Acquisition of Gentung Browns Lake Tungsten Project in Montana [Yahoo! Finance]Yahoo! Finance
ALM
Sec Filings
- 12/1/25 - Form 6-K
- 11/17/25 - Form 6-K
- 11/3/25 - Form 6-K
- ALM's page on the SEC website