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Stock impact report

Almonty Industries Soars 840% in 2025 on Aggressive Tungsten Expansion [Yahoo! Finance]

Almonty Industries Inc. - Common Shares (ALM) 
Company Research Source: Yahoo! Finance
Almonty Industries saw its share prices jump by 840.13 percent in 2025, primarily bolstered by its aggressive expansion into tungsten production, in line with its goal to become one of the leading producers of the said metal. Late last year, Almonty Industries Inc. (NASDAQ:ALM) announced a flurry of developments aimed to ramp up its tungsten production portfolio, including the acquisition and commercial operations of several mining sites in the US and in South Korea. Photo from Almonty Industries website Last month, Almonty Industries Inc. (NASDAQ:ALM) announced the looming start of commercial operations at its mine site in South Korea following the successful delivery of the first truckload of ore to the Run-of-Mine pad at the Sangdong Tungsten Mine, marking the final step before the kickoff. Almonty Industries Inc. (NASDAQ:ALM) acquired the Sangdong mine when the US halted its mining operations in 2015. Since then, it has been working on bringing the site back into production. In Show less Read more
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