Price$11.57-0.37 (-3.06%)
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News · 26 weeks87+89%
2026-04-122026-10-04
Mix4690d
- Other29(63%)
- SEC Filings13(28%)
- Analyst2(4%)
- Leadership1(2%)
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Latest news
25 items- PREx-China Tungsten Supply Runs 21,000 Tonnes Short as 2027 Ban NearsVANCOUVER, British Columbia, Oct. 07, 2026 (GLOBE NEWSWIRE) -- Market Updates News Commentary - S&P Global estimates that tungsten mines outside China will deliver about 22,000 tonnes of contained WO3 in 2026, leaving a gap of roughly 21,000 tonnes against demand in those markets. The price signal arrived first: S&P, citing LSEG data, puts the delivered price of ammonium paratungstate (APT) at $83 per kilogram of WO3 in January and $340 in July, more than a fourfold increase in roughly six months. The supply response is slower, because much of what the West can realistically mine again sits in districts that were last worked when Washington was buying tungsten for war. Companies mentioned
- SECSEC Form 6-K filed by Almonty Industries Inc.6-K - Almonty Industries Inc. (0001670061) (Filer)
- PRAlmonty Secures Corrective Disclosure from Pure Tungsten Following Successful Settlement Confirming Tiger Kim Held No Leadership Role at Almonty at Any TimeAlmonty Industries Inc. ("Almonty" or the "Company") (NASDAQ:ALM) (Frankfurt: ALI1), a leading global producer of tungsten concentrate, today noted that Pure Tungsten Inc. ("Pure Tungsten") has published a clarification on its website regarding Mr. Tiger Kim’s prior involvement with Almonty (the "Corrective Disclosure"), accessible at https://www.puretungsten.ca/news-1/pure-tungsten-clarification-of-tiger-kims-prior-involvement-with-almonty-industries. The Corrective Disclosure follows legal proceedings commenced by Almonty in the Ontario Superior Court of Justice on October 10, 2025 in which Almonty sought, among other things, an order compelling Pure Tungsten to issue corrective disclos
- PRTungsten Has Tripled in 2026 as U.S. Explorers Race to DrillVANCOUVER, BC, Oct. 1, 2026 /CNW/ -- U.S. Metal News News Commentary - The global tungsten market is projected to grow from approximately USD 6.66 billion in 2026 to approximately USD 9.62 billion by 2030, a compound annual growth rate of about 9.6%, according to The Business Research Company. That forecast was built on steady industrial demand. What has happened to prices this year has been anything but steady, and it is pulling capital and crews back to tungsten ground in the United States that has not been explored with modern methods in decades. Active Companies from around the markets with current developments this week include: Western Star Resources Inc. (CSE:WSR) (OTC:WSRIF) (FRA: 4K
- SECSEC Form 6-K filed by Almonty Industries Inc.6-K - Almonty Industries Inc. (0001670061) (Filer)
- PRAlmonty Issues Shareholder Letter and Provides Corporate UpdateAlmonty Industries Inc. ("Almonty" or the "Company") (NASDAQ:ALM) (Frankfurt: ALI1), a leading global producer of tungsten, today issued a letter to shareholders from Lewis Black, Chairman and Chief Executive Officer of Almonty. Dear Fellow Shareholders, When I last wrote to you, I described our Sangdong Tungsten Mine ("Sangdong") as the foundation of our strategy to build a secure, Western-aligned tungsten supply for the United States and its allies. As announced last week, we have now produced the first bags of tungsten concentrate at Sangdong, ready for export. This is a defining moment for Almonty and for Western supply chains: tungsten mined and processed in an allied nation is now
- SECSEC Form 6-K filed by Almonty Industries Inc.6-K - Almonty Industries Inc. (0001670061) (Filer)
- ANALYSTStifel initiated coverage on Almonty Industries with a new price targetStifel initiated coverage of Almonty Industries with a rating of Buy and set a new price target of $25.00
- PRChina Controls Tungsten Supply as Western Drill Programs ExpandVANCOUVER, BC, Sept. 24, 2026 /PRNewswire/ -- Canada News Group News Commentary - The global tungsten market is valued at approximately $6.66 billion in 2026 and is projected to reach roughly $9.62 billion by 2030, a compound annual growth rate of about 9.6%, according to The Business Research Company. Demand for the metal runs through cutting tools, wear parts, defense alloys and electronics, while the supply that feeds it remains concentrated in a single country. That imbalance is pushing exploration dollars back toward historic Western tungsten districts, including several in British Columbia. Active Companies from around the markets with current developments this week include: GoldHaven
- PRTungsten Outside China Has Tripled in 2026. The U.S. Still Mines None.Issued on behalf of Western Star Resources Inc. VANCOUVER, British Columbia, Sept. 22, 2026 (GLOBE NEWSWIRE) -- Equity Insider News Commentary - Tungsten concentrate traded outside China was assessed by Fastmarkets at $750 to $850 per metric tonne unit at the start of 2026 and has held at $2,500 to $2,800 per unit since May 29. Inside China, concentrate prices have fallen by roughly half from their March peak. That split is the story of the year: the metal did not get scarce everywhere, it got scarce for everyone who cannot buy from China. The Business Research Company projects the global tungsten market to grow from about $6.66 billion in 2026 to about $9.62 billion by 2030, a compound
- SECSEC Form 6-K filed by Almonty Industries Inc.6-K - Almonty Industries Inc. (0001670061) (Filer)
- PRAlmonty’s Sangdong Processing Plant Receives Final Operational Certification -- Phase I is Now Commercially OperationalMining facility inspection certificates issued September 17, 2026 authorize Almonty to commercially operate the Sangdong processing plant and crushing facilities and commence sales of tungsten concentrate Almonty Industries Inc. ("Almonty" or the "Company") (NASDAQ:ALM) (Frankfurt: ALI1), a leading global producer of tungsten concentrate, today announced that it has received mining facility inspection certificates for the processing plant and crushing facilities at the Sangdong Mine ("Sangdong") in Yeongwol, Gangwon Province, South Korea. Issued September 17, 2026, the certificates authorize Almonty to commercially operate the facilities. This is the final administrative requirement neces
- SECSEC Form 6-K filed by Almonty Industries Inc.6-K - Almonty Industries Inc. (0001670061) (Filer)
- PRAlmonty Signs Tungsten Offtake Agreement with Sandvik Group Subsidiary for Recycling of Existing Mine TailingsMulti-year, take-or-pay agreement covers a minimum of approximately 1,720 tonnes of contained WO₃, recovered from retreatment of the Los Santos Mine’s existing tailings inventory with restart of processing plant Almonty Industries Inc. ("Almonty" or the "Company") (NASDAQ:ALM) (Frankfurt: ALI1), a leading global producer of tungsten concentrate, today announced that it has entered into a long-term tungsten concentrate supply agreement with Wolfram Bergbau und Hütten AG ("WBH"), a subsidiary of the Sandvik Group, covering retreatment ("recycling") of the Company’s existing tailings stockpile at the Los Santos Mine in western Spain. The agreement is intended to create an expedited tungsten
- PRChina Named 15 Tungsten Exporters for 2026. The West Is DrillingVANCOUVER, BC, Sept. 16, 2026 /CNW/ -- U.S. Metal News News Commentary - Tungsten concentrate, basis 50 to 70% WO3, cif global, was assessed by Fastmarkets at $750 to $850 per metric tonne unit at the start of 2026. Since May 29 it has held at $2,500 to $2,800 per mtu. The metal roughly tripled inside five months, and the reason is not demand. In December 2025 China said that only 15 firms would be authorized to export tungsten in 2026 and 2027, formalized through its dual-use items catalogue. The U.S. Geological Survey put Chinese mine output at 67,000 of the world's 85,000 tonnes in 2025, with the United States mining none, as it has every year since 2015. Everyone outside that list of fif
- SECSEC Form 6-K filed by Almonty Industries Inc.6-K - Almonty Industries Inc. (0001670061) (Filer)
- PRAlmonty and the Government of Rwanda Form Strategic Tungsten PartnershipPartnership follows introduction by U.S. Department of State under the 2025 U.S.-Rwanda Framework for Shared Economic Prosperity Government of Rwanda to receive a 25% equity interest in a platform combining the near-term collection and export of ore, pre-concentrate and panning tailings from Rwanda’s existing small-scale license holders with mobile processing and new exploration Almonty Industries Inc. ("Almonty" or the "Company") (NASDAQ:ALM) (Frankfurt: ALI1), a leading global producer of tungsten concentrate, today announced that it has entered into a binding agreement with the Government of Rwanda (the "GOR") under which the GOR will receive a 25% interest in Almonty Rwanda Pty Ltd
- PRDrones Are Now Mapping the Tungsten Ground America Walked Away FromVANCOUVER, BC, Sept. 9, 2026 /CNW/ -- American News Group News Commentary - Tungsten is the hardest working metal almost nobody talks about. It goes into armour, munitions, drill bits and the cutting tools that machine everything else, and there is no practical substitute for most of what it does. The Business Research Company values the global tungsten market at roughly US$6.66 billion in 2026 and projects approximately US$9.62 billion by 2030, a compound annual growth rate of about 9.6%. What makes the number matter now is a date. United States defense procurement rules begin excluding Chinese tungsten in 2027, and the American ground meant to replace it was abandoned decades ago on price
- PRChina Controls the Metal Inside Every Artillery Shell and Cutting Tool, and the West Is Racing to Map What It Has LeftCanada News Group News Commentary VANCOUVER, BC, Sept. 2, 2026 /PRNewswire/ -- Tungsten does not get the headlines that lithium or rare earths do, but few metals are harder to live without. It is the hardest metal known, with the highest melting point of any, and it is effectively irreplaceable in the armor-piercing munitions, cutting tools, aerospace components, and industrial machinery that modern economies and militaries depend on. It is also one of the most concentrated supply chains on earth, dominated by China, which has moved to tighten exports of the metal and the technology to process it. That combination has turned a once-overlooked commodity into a national-security priority acros
- ANALYSTJefferies initiated coverage on Almonty Industries with a new price targetJefferies initiated coverage of Almonty Industries with a rating of Buy and set a new price target of $26.25
- PRA Metal With Few Substitutes, a Supply Chain Dominated by One Country, and a Historic Canadian Tungsten Zone Being Drill-Tested AgainVANCOUVER, BC, Aug. 27, 2026 /CNW/ -- Equity Insider News Commentary - Of all the critical minerals now caught up in the race for supply-chain security, tungsten may be the one with the widest gap between how essential it is and how little of it the Western world controls. It has the highest melting point of any metal and is exceptionally difficult to substitute in many critical applications, including cutting tools, armor-piercing munitions, aerospace components, and electronics that modern industry and defense depend on. Yet its mining and processing are among the most concentrated of any strategic metal, dominated overwhelmingly by China, which has moved to tighten exports. That combinati
- PRThis District Just Got a 3D X-Ray. Its Best Tungsten Samples Sit Right on the TargetVANCOUVER, British Columbia, Aug. 26, 2026 (GLOBE NEWSWIRE) -- USA News Group News Commentary - A geophysical survey doesn't discover ore, but it can tell a company exactly where to stop guessing. Western Star Resources Inc. (CSE:WSR) (OTC:WSRIF) (FRA: 4K2) has completed a district-scale three-dimensional magnetic inversion across its consolidated Rowland and White Star tungsten properties in Elko County, Nevada, and the model has done something specific and useful: it has mapped buried and partially exposed intrusive bodies — the essential engine of a tungsten skarn system — and shown that the Company's two highest-grade rock chips to date, 4.02% WO₃ at Rowland and 3.00% WO₃ at White Star
- PRSarfartoq Initial Assessment Reports High-Case Sensitivity of up to US$2.05 Billion Pre-Tax NPVCHARLOTTE, N.C., Aug. 26, 2026 (GLOBE NEWSWIRE) -- American News Group News Commentary - The Western rare earth build has a sequencing problem that almost nobody states plainly: magnet plants and separation trains are being financed years ahead of the mines meant to feed them. Developing a Western rare-earth supply chain requires more than identifying a mineral deposit. Projects must advance through resource definition, metallurgy, engineering, environmental work, permitting, financing, and commercial arrangements before they can reach production. An Initial Assessment under SK 1300 is an early technical and economic study that can help frame a project’s potential development concepts and
- PRGlobal Tungsten Market Size Projected to Reach $9.62 Billion By 2030VANCOUVER, BC, Aug. 21, 2026 /CNW/ -- USA News Group News Commentary - Tungsten spent most of the last decade as an industrial afterthought, priced quietly behind the metals that draw headlines. Two years of export controls, defense procurement rules and a price move unmatched anywhere else in the critical minerals complex have turned it into a supply problem governments now legislate around. The Business Research Company projects the global tungsten market growing from roughly $6.66 billion in 2026 to about $9.62 billion by 2030, a compound annual growth rate near 9.6%. Active Companies from around the markets with current developments this week include: GoldHaven Resources Corp. (CSE:GOH)
- SECSEC Form 6-K filed by Almonty Industries Inc.6-K - Almonty Industries Inc. (0001670061) (Filer)
ALM FAQ
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Almonty Industries Inc. (ALM) is listed on NASDAQ.What sector and industry is ALM in?
Almonty Industries Inc. operates in the Basic Materials sector, Other Metals and Minerals industry.What are analysts saying about ALM?
Almonty Industries Inc. has had 6 recent analyst actions on file. The most recent action was from Stifel: Buy with a $2500.00 price target on 2026-09-25. Recent price targets range from $650.00 to $2625.00.What companies are similar to ALM?
Notable peers in the same industry include CCJ (Cameco Corporation), UEC (Uranium Energy Corp.), DNN (Denison Mines Corp), NXE (Nexgen Energy Ltd.), IPX (IperionX Limited). Compare ALM side-by-side with any of them on Quantisnow.How can I track ALM on Quantisnow?
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