Almonty Strengthens Leadership with Strategic Hire Amid Expansion Push

Almonty Industries Inc. has announced a significant addition to its executive team, appointing seasoned financial executive Guillaume Wiesenbach de Lamaziere as its new Chief Development Officer (CDO). This strategic move coincides with a pivotal period for the company, marked by the ramp-up of its flagship Korean tungsten operation and the advancement of a key U.S. project.

Guillaume Wiesenbach de Lamaziere assumes immediate responsibility for shaping the company's development strategy. He brings over three decades of financial sector experience, including senior leadership roles such as CEO, CFO, and COO at AIG Asset Management Europe and Banque AIG.

His track record includes coordinating the consolidation of assets across more than 40 countries, totaling over $37 billion, during his tenure at AIG. Furthermore, he played a central role in restructuring a $300 billion portfolio at Banque AIG, successfully reducing problematic positions to $1 billion without incurring losses. Almonty's CEO, Lewis Black, characterized the hire as a critical component for future capital allocation and value creation.

Capitalizing on Core Assets in Korea and the U.S.

The timing of this appointment aligns with operational milestones. The company's Sangdong tungsten mine in South Korea entered its commercial production phase in December 2025. The new CDO will be tasked with overseeing the further development of this core asset, which also includes a molybdenum project at the same site.

Concurrently, Almonty is increasing its focus on the United States. The company is progressing its Gentung Browns Lake project in Montana, targeting a production start during 2026. This initiative supports Almonty's strategic goal of strengthening its position as a supplier of critical metals outside of China. A recently completed capital raise of approximately $129 million in December 2025 provides the financial foundation for these expansion efforts.

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

Market Responds Positively to Operational and Management News

Investors have greeted the management reinforcement and ongoing operational progress favorably, as reflected in recent share price movements.

• NASDAQ Current Price: $9.76 (up 1.56%)
• TSX Current Price: CAD $13.47 (up 1.89%)

Analyst sentiment remains constructive:

• Consensus Rating: Moderate Buy
• Average Price Target: $10.17
• Highest Price Target: $12.00 (Oppenheimer / DA Davidson)
• Market Capitalization: Approximately $2 billion

Following a rally of more than 770% in 2025, the equity maintains a clear upward trajectory. This valuation underscores market expectations for Almonty's potential to establish itself as the leading tungsten producer outside China.

Key Data Summary:

• New CDO: Guillaume Wiesenbach de Lamaziere (formerly of AIG)
• NASDAQ Price: $9.76 (+1.56%)
• TSX Price: CAD $13.47 (+1.89%)
• Recent Financing: $129 million (December 2025)
• Operational Status: Commercial production active at Sangdong

Strategic Positioning for the Coming Quarters

With a strengthened management team, secured financing, and production now underway, Almonty appears well-positioned for its next phase. The focus for upcoming quarters will be the efficient execution of expansion plans in South Korea and Montana, and whether operational advancements can meet the market's elevated expectations.