Almonty Industries: A Transformational Quarter Sets Stage for Western Tungsten Dominance

Almonty Industries has reported third-quarter 2025 financial results that signal a dramatic transformation for the tungsten producer, with key metrics showing substantial improvement and positioning the company for continued growth.

The company’s latest earnings reveal a remarkable financial turnaround. Revenue surged to CAD $8.7 million, representing a 28% increase compared to the CAD $6.8 million recorded during the same period last year. This growth was fueled by stronger tungsten pricing and consistent production output from the Panasqueira mine in Portugal.

Most notably, Almonty swung from a CAD $5.3 million loss in Q3 2024 to a record profit of CAD $33.2 million. This dramatic reversal was primarily driven by a CAD $34.5 million non-cash valuation adjustment on Read more...