Almonty Industries (ALM) Rallies 6.6% as Firm Nears Commercial Ops in Korea Mine [Yahoo! Finance]
Almonty Industries Inc. - Common Shares (ALM)
Company Research
Source: Yahoo! Finance
Almonty Industries jumped by 6.64 percent on Thursday to close at $8.35 apiece as investors loaded portfolios ahead of the looming start of commercial operations of its mine site in South Korea. In a statement earlier this week, Almonty Industries Inc. (NASDAQ:ALM) said that it has successfully delivered the first truckload of ore to the Run-of-Mine pad at the Sangdong Tungsten Mine, which is the final step before the official start of commercial operations. “This first ore placement represents a strategic inflection point in advancing Almonty's mission to strengthen the global tungsten supply chain. Sangdong plays a critical role in efforts by the United States, the European Union, and Korea to diversify away from the China-dominated market, which currently supplies more than 80% of the world's tungsten,” Almonty Industries Inc. (NASDAQ:ALM) President and CEO Lewis Black said. “The resumption of production at the Sangdong Mine forms the foundation for securing reliable, non-Ch
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ALM
News
- Almonty Industries (NASDAQ:ALM) had its "buy" rating reaffirmed by analysts at DA Davidson. They now have a $12.00 price target on the stock.MarketBeat
- Almonty Begins Commercial Mining at Sangdong Tungsten MineBusiness Wire
- Almonty Industries Inc. Announces Voluntary Withdrawal of Base Shelf Prospectus and Registration StatementBusiness Wire
- TSX Growth Leaders With High Insider Confidence December 2025 [Yahoo! Finance]Yahoo! Finance
- Diamond Equity Research Releases Update Note on Almonty Industries, Inc. (TSX: AII) (ASX: AII) (OTCQX: ALMTF) [Yahoo! Finance]Yahoo! Finance
ALM
Sec Filings
- 12/16/25 - Form 6-K
- 12/15/25 - Form F-10POS
- 12/15/25 - Form 6-K
- ALM's page on the SEC website