Almonty Industries Commences Large-Scale Drilling Program at Sangdong Molybdenum Project
Almonty Industries Inc. - Common Shares (ALM)
Company Research
Source: Business Wire
Accelerated Drilling Campaign in Response to Critical Molybdenum Supply Shortage TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company“) (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), a leading global producer of tungsten critical to the U.S. defense and technology sectors, today announced that it has commenced a large-scale drilling program at its Sangdong Molybdenum Project (South Korea) in Yeongwol, Gangwon Province, South Korea (the “Sangdong Molybdenum Project”), to obtain data to confirm whether mineral reserves of molybdenum can be established ahead of possible future production. Almonty has previously filed a technical report for the Sangdong Molybdenum Project entitled “Report NI 43-101 Technical Report of the Sangdong Molybdenum Stockwork Project, South Korea”, dated May 31, 2022 (the “Technical Report”) that was authored by Adam Wheeler, B.Sc, M.Sc, C. Eng. (the “Qualified Person”), an independent expert and a “qualified person” within the
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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