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Tungsten Producer Almonty Raises $90 Million in US Listing

Tungsten Producer Almonty Raises $90 Million in US Listing

Bloomberg14-07-2025
Almonty Industries Inc. raised $90 million in its Nasdaq listing, as the tungsten producer moved to secure its ability to supply the US defense market.
The company, which already trades in Toronto, Frankfurt and Australia, priced its offering of 20 million US shares at $4.50 each, according to a statement. The stock is set to start trading on Nasdaq Capital Market under the symbol ALM on Monday.
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