Production And ExpansionUpcoming NT ramp in output at Almonty Korea Tungsten (aka their Sangdong Mine) – Around Mid 4Q25 should be very well timed – Majority of Phase 1 output already spoken for with offtake agreement – Should be immediately EBITDA + to ALM and represents a potential incremental NT Catalyst for shares.
Strategic PositioningAlmonty, with its strong track record, unconflicted assets in Europe and South Korea, and steep growth trajectory has positioned itself as a preferred supplier to the United States and the West.
Tungsten Market ConditionsConsiderable upside Momentum in Tungsten Pricing – As well as notable momentum in Molybdenum, revisited our FWD Price Cadence for ALM on these outputs with emphasis on tungsten.