Almonty Industries Soars 840% in 2025 on Aggressive Tungsten Expansion

Group 1 - Almonty Industries Inc. (NASDAQ:ALM) experienced a significant share price increase of 840.13% in 2025, driven by its aggressive expansion into tungsten production [1] - The company announced multiple developments to enhance its tungsten production portfolio, including the acquisition and operational commencement of several mining sites in the US and South Korea [1] - Almonty Industries is set to begin commercial operations at its Sangdong Tungsten Mine in South Korea, following the successful delivery of the first truckload of ore [2] Group 2 - The acquisition of the Sangdong mine occurred after the US halted its mining operations in 2015, and Almonty has been working to bring the site back into production since then [2] - In November, Almonty successfully acquired the Gentung Browns Lake Tungsten Project in Montana and initiated drilling operations at its Panasqueira Mine in Portugal, which is undergoing a significant expansion [2] - The Panasqueira Mine expansion involves a 2.5 million euro operation to drill 14,000 meters with three rigs over a 12-month period [2]