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Almonty Industries: Building One of the World’s Largest and Most Strategic Tungsten Producers

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Supplying essential tungsten to global aerospace, defense, energy, semiconductor, and industrial markets—anchored by the long-life Sangdong Mine in South Korea.

Top 5 Reasons to Invest

A Global Pure-Play Tungsten Leader

Almonty is one of the world’s largest tungsten producers outside of China, positioning the company as a strategic supplier to industries seeking secure, diversified critical mineral sources.

Sangdong Mine: A Tier-One Tungsten Asset

The Sangdong Mine—one of the world’s largest tungsten deposits—is now in production and is expected to become a major supplier to Western markets for decades.

Strong Long-Term Offtake Agreements

The company has multi-year, fixed-price offtake agreements with global industrial partners—supporting stable margins and long-term revenue visibility.

Critical Minerals Demand is Surging Globally

Tungsten is essential for defense, aerospace, electronics, EVs, and industrial manufacturing. With China controlling most global supply, Western governments and manufacturers are actively seeking new sources.

Experienced Leadership with Proven Mine Development Track Record

Almonty’s team has decades of experience in tungsten operations, mine restarts, and global project development—reducing execution risk across its portfolio.

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Tickers: NASDAQ: ALM | TSX: AII
Website: almonty.com

Review the data behind a critical-minerals play with geopolitical relevance. Access the full story by downloading the investor presentation.

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Company Highlights

Almonty Industries (NASDAQ: ALM | TSX: AII | ASX: AII | Frankfurt: ALI1) is a global tungsten mining company with operations and development projects across South Korea, Spain, and Portugal. The company is focused on delivering long-term, stable tungsten supply to global markets at a time when the world’s manufacturing and defense sectors are seeking reliable alternatives outside of China.

Anchored by the Sangdong Mine—one of the largest, high-grade tungsten deposits globally—Almonty is positioned for transformative growth as it ramps up production. The company also operates the Panasqueira Mine in Portugal, one of the longest-running tungsten mines in the world, providing ongoing production and operational expertise.

With a diversified project pipeline, long-term offtake agreements, and a strong balance sheet, Almonty offers investors rare, pure-play exposure to a critical mineral central to modern innovation and national security.

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Investment Opportunities

Tungsten is one of the most critical industrial metals, with applications spanning aerospace alloys, defense systems, semiconductors, EV components, heating elements, and high-temperature manufacturing. As the hardest metal on the periodic table and one of the most heat-resistant materials known, tungsten is irreplaceable in modern technology and defense applications.

But global supply is highly concentrated—China controls the majority of production, leaving global manufacturers exposed to geopolitical risk.

Almonty aims to solve this problem.

By bringing the Sangdong Mine back into production and expanding its global footprint at the Portugal mine and a new acquisition of project in Montana, Almonty is positioned to become a cornerstone supplier in the Western tungsten supply chain. As governments and industries prioritize critical mineral security, Almonty offers strategic, long-life assets, stable partnerships, and long-term production potential.

For investors seeking exposure to a rapidly growing critical mineral with strong supply-demand fundamentals, Almonty represents a unique opportunity in the public markets.

2025 was an exceptionally successful year for Almonty Industries Inc. (NASDAQ:ALM; TSX: AII). CEO Lewis Black led the company onto the NASDAQ, raised over USD 200 million in fresh capital, acquired a tungsten project in Montana (USA), advanced the development of the mine in Portugal, and has now brought the Sangdong mine in South Korea into production. It was a year full of major milestones. However, when you watch the new interview between Lewis Black and Lyndsay Malchuk, you quickly get the impression that this was only the beginning. The real value creation may still lie ahead - as revealed at the end of the video.

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Invest in Almonty

Tickers: (Nasdaq: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1)
Website: almonty.com

Almonty Industries Inc. specializes in acquiring and optimizing distressed and underperforming tungsten operations and assets. We’ve earned a reputation for being a hands-on, turnaround investor-operator. We’re experts at tackling projects regarded as too complex or difficult for the average, pure ‘financial investor’.

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