Almonty Industries Achieves Milestone Profit Amid Strategic Expansion

Almonty Industries has executed a remarkable financial recovery, posting a net profit of $33.2 million for the third quarter of 2025. This represents a dramatic reversal from the loss-making position the tungsten specialist experienced during the same period last year. The company’s shares are gaining momentum as several strategic developments strengthen its position within Western tungsten supply chains.

Key financial metrics demonstrate significant operational progress:

• Revenue climbed 28% to $8.7 million (previous year: $6.8 million)
• Mining revenues doubled, reaching $1.3 million
• Adjusted EBITDA improved to -$2.2 million

The company’s liquidity position underwent a substantial transformation, surging from $7.83 million to $111.59 million. This dramatic increase was primarily fueled by Almonty’s Read more...