Almonty Industries Charts Aggressive Path in Critical Minerals Sector
21.01.2026 - 17:38:04
Entering the new year, Almonty Industries is positioned with a significantly strengthened balance sheet and a clear, multi-pronged growth strategy. In a detailed communication to shareholders, Chief Executive Officer Lewis Black outlined the company’s ambition to establish a leading Western-controlled tungsten supply chain, anchored by three core projects across South Korea, Portugal, and the United States.
A series of successful capital market transactions in 2025 has provided the company with substantial resources. These efforts culminated in a gross proceeds of approximately $219 million for the year. The financing journey began with an oversubscribed U.S. initial public offering in July 2025, raising about $90 million. This was followed by an uplisting to the Nasdaq Read more...
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