Almonty Industries Inc. (ALM)

Profile

https://almonty.com

Almonty Industries Inc. is a Canada-based mining company specializing in the extraction, processing, and shipping of tungsten concentrate, along with exploration for tin and tungsten deposits. It operates a portfolio of projects and mines across Spain, Portugal, and the Republic of Korea, including the Los Santos mine in Spain, the Valtreixal project, the Panasquiera mine in Portugal known for its high-purity wolframite concentrate, and the Sangdong tungsten mine in South Korea, which has recently completed Phase 1 commissioning and returned to production after more than 30 years. These operations focus on past-producing assets, care-and-maintenance sites, and tailings stockpiles to enable near-term production of tungsten and associated byproducts like molybdenum and bismuth. Founded in 2009 and headquartered in Toronto, Canada, Almonty Industries Inc. positions itself as a provider of conflict-free tungsten supply from established global projects in the industrial metals mining sector.