Pure Tungsten Highlights 500% Surge in "War Metal" Tungsten Price Amid Rising Global Conflict [Yahoo! Finance]
Almonty Industries Inc. - Common Shares (ALM)
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Source: Yahoo! Finance
HAMILTON, BM / ACCESS Newswire / March 9, 2026 / Pure Tungsten Inc. ("Pure Tungsten" or the "Company") highlights the rapidly strengthening market for tungsten, often referred to as the "war metal," as global defense spending accelerates and governments seek to secure supply chains for critical military materials. In light of the recent surge in tungsten prices, the Company is currently updating its financial forecasts and development plans for the historic Ssangjon tungsten mine in South Korea ahead of a planned public listing in Canada in H1 2026. Amidst ongoing conflicts in the Middle East and Ukraine, demand for tungsten has surged as governments accelerate defense production and secure supply chains for critical military materials. Tungsten is indispensable for the production of armor-piercing ammunition, missile systems, jet turbine components, and other aerospace and military technologies, making it one of the most strategically important metals in modern warfare. The pric
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ALM
News
- Almonty Industries (ALM) was given a new $25.00 price target by DA Davidson.MarketBeat
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- CEO details ‘long and torturous' journey to catch the US up with China in rare earth metal supply [FOX Business Network]FOX Business Network
- Almonty Industries (NASDAQ:ALM) had its price target raised by analysts at B. Riley Securities from $10.00 to $17.00. They now have a "buy" rating on the stock.MarketBeat
ALM
Sec Filings
- 1/21/26 - Form 6-K
- 1/20/26 - Form 6-K
- 1/6/26 - Form 6-K
- ALM's page on the SEC website