Almonty Industries Receives Major Price Target Boost Following US Expansion

A strategic acquisition in the United States has ignited significant market interest in Almonty Industries. Market experts have responded by issuing a substantial increase to their share price forecast, identifying considerable potential for the company. Is the tungsten specialist on the verge of a complete re-rating, or is the current optimism premature?

Research firm Sphene Capital has dramatically revised its outlook for Almonty. The firm has lifted its price target significantly to C$13.50, a substantial jump from the previous target of C$8.40. While the "Buy" recommendation is maintained, the message to investors is clear: the company's successful entry into the US market is a game-changing development.

The catalyst for this reassessment is the successful acquisition of the Gentung Browns Lake tungsten project in Montana. This transaction grants Almonty complete ownership of a strategic asset located within a historically significant mining district. This move allows the company to reduce its reliance on individual operations, effectively diversifying its resource base beyond its flagship Sangdong mine in South Korea and its Portuguese facility.

This acquisition represents far more than a simple expansion of resources. Amid ongoing geopolitical tensions, the demand for secure supply chains is accelerating rapidly. Establishing a direct source of tungsten on US soil positions Almonty as a critical supplier for the defense and industrial sectors.

Should investors sell immediately? Or is it worth buying Almonty?

Operational Timeline and Expectations

What does this mean for the company's financial future? The operational timeline is clearly defined. Production at the Montana site is scheduled to commence in the second half of 2026. The management team is moving swiftly to transition from acquisition to development. Preliminary designs project an annual output of approximately 140,000 MTU of tungsten trioxide (WO3).

For investors, the key takeaways are:
* Revised Price Target: C$13.50 (a major increase from C$8.40)
* Analyst Stance: Buy (Sphene Capital)
* New Acquisition: 100% ownership of the Gentung Browns Lake project (Montana, USA)
* Projected Output: ~140,000 MTU of WO3 per year
* Production Start: H2 2026

Establishing a Western Tungsten Powerhouse

With the integration of its US project, Almonty is transforming into a "western tungsten powerhouse." By establishing operational bases in Europe, Asia, and now North America, the corporation is creating a unique geopolitical hedge. This strategy directly addresses the urgent need for Western economies to decrease their dependency on Chinese exports.

The market is increasingly pricing in a scenario with two distinct growth engines. While the Sangdong mine progresses toward full capacity, the project pipeline is being reinforced with the Montana development. Analysts concur that the market has not yet fully priced in the value of this US expansion. The significant gap between the current share price and the new C$13.50 target underscores the potential for upward movement. The question now is whether the broader market will follow this bullish assessment.