We recently published 10 Market Stars Behind Millionaire-Making in 2025. Almonty Industries Inc. (NASDAQ:ALM) is one of the top performers. Almonty Industries saw its share prices jump by 840.13 percent in 2025, primarily bolstered by its aggressive expansion into tungsten production, in line with its goal to become one of the leading producers of the said metal. Late last year, Almonty Industries Inc. (NASDAQ:ALM) announced a flurry of developments aimed to ramp up its tungsten production portfolio, inclu ...

Core Viewpoint - Almonty Industries Inc. is experiencing significant stock performance due to the imminent start of commercial operations at its Sangdong Tungsten Mine in South Korea, which is crucial for diversifying the tungsten supply chain away from China [1][3]. Group 1: Company Developments - Almonty Industries' stock rose by 6.64% to close at $8.35 as investors anticipate the start of commercial operations at its mine [1]. - The company has successfully delivered its first truckload of ore to the Run-of-Mine pad at the Sangdong Tungsten Mine, marking a critical step before official commercial operations begin [2]. - The first ore placement is seen as a strategic inflection point for Almonty, aiming to strengthen the global tungsten supply chain and reduce reliance on China, which currently supplies over 80% of the world's tungsten [3]. Group 2: Strategic Importance - The resumption of production at the Sangdong Mine is essential for securing a reliable, non-China tungsten supply for key sectors, including defense, semiconductors, AI hardware, and aerospace [4]. - Almonty acquired the Sangdong mine after the US halted its mining operations in 2015 and has since focused on bringing the site back into production [4]. - Preparatory works such as geological assessments, ground stabilization, load testing, and equipment installation have been completed to advance the project [5].

Vancouver, British Columbia--(Newsfile Corp. - December 18, 2025) - American Tungsten Corp. (CSE: TUNG) (OTCQB: TUNGF) (FSE: RK90) ("American Tungsten" or the "Company) announced that it has completed the initial drillhole at the Company's IMA mine project and reports presence of hubnerite and scheelite tungsten mineralization over multiple core intercepts.The Phase 1 drilling program, as described in the Company's press release on December 02, 2025, is focused on five priority exploration targets consisti ...

Core Insights - Happy Creek Minerals Ltd. has reported significant drill results from the 2025 program at the Fox Tungsten Project, indicating potential resource expansion and continuity of tungsten mineralization [1][2]. Group 1: Drill Results - The 2025 drill program included 18 diamond core drill holes totaling 2,176 meters, focusing on the expansion of tungsten resources at the Ridley Creek (RC) and BN zones [2][6]. - Notable results from the RC zone include: - 1.18 meters grading 6.83% WO3 from 31.2 meters in hole F25-13 - 1.00 meters grading 2.22% WO3 from 47.0 meters in hole F25-01 - 0.95 meters grading 1.11% WO3 from 36.5 meters in hole F25-02 [2][6]. - The BN zone drilling revealed: - 1.00 meters grading 0.88% WO3 from 105.0 meters in hole F25-16 - 1.65 meters grading 0.57% WO3 from 218.3 meters in hole F25-16 - 2.50 meters grading 0.25% WO3 from 106.2 meters in hole F25-17 [2][3]. Group 2: Geological Insights - The RC zone is approximately 400 meters by 175 meters, with a thickness ranging from 5 to 25 meters, and is open to the west beneath Deception Mountain [7][10]. - The BN zone consists of three stacked calc silicate horizons, with the middle horizon being the best defined and containing most of the current resource, located 20 to 80 meters below the surface [14][15]. Group 3: Exploration Focus - The 2025 drilling program aimed to explore the extent of calc silicate hosted tungsten mineralization mainly to the west and south, confirming geological continuity and expanding the resource area [10][16]. - The drilling at the BN zone tested the potential for mineralized horizons to extend to the northwest and at depth, indicating further resource expansion potential [16].

Core Insights - Almonty Industries has commenced commercial mining at the Sangdong mine in South Korea, marking a significant milestone in its operations [1] - The Sangdong mine is crucial for diversifying the tungsten supply chain away from China, which currently dominates over 80% of the global tungsten market [3][6] - The mine's total mineral reserves are estimated at 8.57 million tonnes, with an average tungsten oxide content of 0.42% [5] Group 1 - The first truckload of ore has been delivered to the run-of-mine (ROM) pad, which is a central staging area for ore [1] - Ore extraction involves controlled blasting techniques, followed by transportation through a haulage system [1] - At the ROM pad, the ore is stockpiled by grade and undergoes primary and secondary crushing, grinding, and flotation to separate tungsten-bearing minerals [2] Group 2 - The resumption of production at the Sangdong mine aims to secure a reliable tungsten supply for key sectors such as defense, semiconductors, and aerospace [4] - The project will transition into a production stabilization phase as it moves towards full-scale commercial operations [5] - The Sangdong mine is positioned to restore Korea's historical role as a major tungsten supplier and serve as a cornerstone for a new tungsten supply chain independent of China [6] Group 3 - The long-term vision includes the development of a fully integrated strategic-mineral value chain, referred to as the 'Korean Trinity,' which will enhance Korea's position as a global hub for tungsten production and refining [7]

Core Viewpoint - Almonty Industries has successfully delivered the first truckload of ore to the ROM pad at the Sangdong Mine, marking a significant transition to active mining operations and paving the way for commercial production [1][2]. Company Developments - The first ore placement at the Sangdong Mine is seen as a strategic inflection point for Almonty, aimed at strengthening the global tungsten supply chain and reducing reliance on China, which currently supplies over 80% of the world's tungsten [2][4]. - The ROM pad will serve as a staging area for ore, which will undergo primary and secondary crushing, grinding, and flotation to produce tungsten-bearing minerals for downstream customers [3][4]. - Preparatory work for the project has been completed, confirming that the ROM pad is operational and that the necessary equipment and workflows are functioning effectively [4]. Industry Context - The Sangdong Mine is positioned to play a critical role in diversifying tungsten supply for the U.S., European Union, and Korea, addressing supply vulnerabilities highlighted by recent geopolitical tensions [2][5]. - Upon reaching full capacity, the Sangdong Mine is expected to supply over 80% of global non-China tungsten production, which is essential for sectors such as defense, semiconductors, and aerospace [5]. - The development of the Sangdong Mine, along with an upcoming tungsten oxide plant and a planned molybdenum deposit, aims to establish a fully integrated strategic-mineral value chain, enhancing resource security for the U.S. and its allies [4][5].

Core Viewpoint - Almonty Industries Inc. has successfully closed an upsized underwritten offering of common shares, raising aggregate gross proceeds of US$129,375,000, including the full exercise of the underwriters' over-allotment option [1] Group 1 - The offering consisted of common shares and was fully subscribed, indicating strong investor interest [1] - The total gross proceeds from the offering amount to US$129,375,000, which reflects the company's ability to attract capital [1] - The successful closing of the offering enhances Almonty's financial position and supports its growth strategy in the tungsten concentrate market [1]

Core Viewpoint - Almonty Industries Inc. has successfully closed an upsized underwritten offering of common shares, raising aggregate gross proceeds of US$129,375,000, including the full exercise of the underwriters' over-allotment option [1] Group 1 - The offering consisted of common shares, which are a key financial instrument for the company [1] - The total gross proceeds from the offering amount to US$129,375,000, indicating strong investor interest and confidence in the company [1] - The underwriters' over-allotment option was fully exercised, reflecting the demand for the shares beyond the initial offering size [1]

Core Viewpoint - Almonty Industries Inc. has announced an upsized underwritten offering of common shares, aiming to raise significant capital through the sale of shares at a set price [1] Group 1: Offering Details - The company is offering 18,000,000 common shares at a public offering price of US$6.25 per share [1] - The total gross proceeds from this offering are expected to be US$112,500,000 [1] Group 2: Underwriters - Almonty has granted the underwriters certain options related to the offering, although specific details on these options are not provided in the excerpt [1]

Core Viewpoint - Almonty Industries Inc. has announced a proposed public offering of 15 million common shares in the United States, as part of its preliminary prospectus supplement filed in connection with its base prospectus dated October 31, 2025 [1]. Group 1 - The company is a leading global producer of tungsten concentrate [1]. - The offering is part of a short form base shelf prospectus [1].