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]

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. ("Almonty†or the "Company") (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), a leading global producer of tungsten concentrate, announced today the closing of its previously announced upsized underwritten offering of common shares (the "Common Shares†), including the full exercise of the underwriters' over-allotment option (the "Over-Allotment Option†), for aggregate gross proceeds of US$129,375,000 (the "Offering†). The syndicate of unde. ...

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. ("Almonty†or the "Company") (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), a leading global producer of tungsten concentrate, announced today the closing of its previously announced upsized underwritten offering of common shares (the "Common Shares†), including the full exercise of the underwriters' over-allotment option (the "Over-Allotment Option†), for aggregate gross proceeds of US$129,375,000 (the "Offering†). The syndicate of unde. ...

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]

TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. ("Almonty†or the "Company") (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), a leading global producer of tungsten concentrate, announced today the filing of a preliminary prospectus supplement (the "Supplement†) to its short form base shelf prospectus dated October 31, 2025 (the "Base Prospectus†), in connection with a proposed public offering of 15 million of Almonty's common shares ("Common Shares†) in the United States (the "Offering†. ...

to the big board. As we said, Chris Macy's celebrating the 99th Thanksgiving Day parade. Santa with an early appearance here.You can watch the parade tomorrow on NBC and Peacock beginning at 8:30 a. m. in all time zones at the NASDAQ.It's Almani Industries, a minor tungsten concentrate as a return to 6,800. Yeah. >> We'll take you past last Thursday's levels.>> Yes. So, that's what we've been kind of playing with. uh last Thursday's high in the morning before we got that big downside reversal like 6770.What ...

Core Insights - Almonty Industries has commenced operations in the US by acquiring 100% ownership of the Gentung Browns Lake tungsten project in Montana, enhancing its global portfolio with a significant undeveloped tungsten asset [1][3] - The project has NI43-101 total mineral resources of 7.53 million tonnes at 0.315% tungsten trioxide, indicating a substantial resource base for future production [1][2] Project Details - The tungsten deposit will be mined using a room-and-pillar underground method, with metallurgical tests showing over 90% tungsten recovery and 20–25% garnet recovery [2] - The project is supported by established infrastructure, including road access, power, water rights, and an existing mill site, facilitating efficient operations [2] Strategic Importance - Almonty aims for production readiness by the second half of 2026, with initial design expectations of approximately 140,000 tonne units per year, reinforcing domestic tungsten supply in the US [3] - The acquisition aligns with increasing demand for secure, non-Chinese sources of tungsten, supporting US government initiatives for critical mineral independence in defense and advanced technology sectors [4][5] Long-term Vision - The Gentung Browns Lake project positions Almonty as a long-term supplier for critical industries, including defense, aerospace, and advanced manufacturing, contributing to a Western tungsten supply chain [6] - This acquisition is part of Almonty's broader vision to establish an integrated tungsten platform across Europe, Asia, and North America, enhancing its strategic market presence [6] Recent Developments - Earlier in January, Almonty announced an exclusive offtake agreement with SeAH Group to supply the entire production of molybdenum from its Sangdong Molybdenum project in South Korea, indicating ongoing strategic partnerships [7]

Core Viewpoint - Almonty Industries Inc. has filed a Notice of Application in the Ontario Superior Court against Pure Tungsten Inc. seeking injunctive relief due to materially false and misleading statements made by Pure Tungsten [1] Company Summary - Almonty Industries Inc. is a leading global producer of tungsten concentrate [1] - The company is listed on multiple stock exchanges including NASDAQ, TSX, ASX, OTCQX, and Frankfurt [1] Legal Action Summary - The legal action aims to address the false and misleading statements circulated by Pure Tungsten [1]

Core Points - Almonty Industries Inc. held a special meeting of shareholders to discuss the amendment of the currency in which an aggregate is denominated [1] Group 1 - The meeting was conducted to seek shareholder approval for the proposed currency amendment [1] - The management information circular detailing the meeting was dated August 28, 2025 [1]