Almonty Emerges as Strategic Tungsten Supplier Amid Supply Chain Realignment
18.09.2025 - 18:45:05Production Launch and U.S. Expansion Drive Momentum
Almonty Industries is experiencing a significant surge in its share price, driven by strategic developments that position the company at the forefront of the critical minerals market. The company is establishing itself as a key supplier of tungsten outside of China, capitalizing on a pivotal moment as Western defense contractors actively seek to diversify their supply chains away from geopolitical rivals.
The company is on the verge of commencing production at its flagship Sangdong mine in South Korea, one of the largest and highest-grade tungsten projects located outside Chinese territory. The facility is currently in its final pre-production stage. This imminent operational start is anticipated to fundamentally reshape the global tungsten supply landscape. The company has further strengthened... Read more...