Latest news with #AlmontyIndustries
National Post
a day ago
- Business
- National Post
Almonty Appoints Respected U.S.-Based Financial Executive Brian Fox as Chief Financial Officer
Article content Mr. Fox Brings Over 25 Years of U.S.-Based Operational Leadership to Almonty's Global Team Article content TORONTO — Almonty Industries Inc. (' Almonty ' or the ' Company ') (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), a leading global producer of tungsten critical to the U.S. defense and technology sectors, today announced the appointment of Brian Fox, CPA as Chief Financial Officer, succeeding Mark Gelmon, CPA,CA, effective August 25, 2025. Article content Mr. Fox most recently served as Chief Financial & Operating Officer at CBIZ Marks Paneth, a top-tier U.S. accounting and advisory firm, where he played a key role in strategic growth initiatives and post-merger integration. His prior experience includes leadership roles at Loureiro Engineering and United Subcontractors, as well as senior audit work at Arthur Andersen. He holds a Master's degree in Management from Harvard University and a Bachelor of Science in Accounting from the University of Connecticut. Article content Mr. Gelmon, who joined Almonty in 2015 through its acquisition of Woulfe Mining Corp. (former owner of the Sangdong Mine Project) and became CFO in 2017, will remain involved with the Company as a financial consultant. The Company thanks Mr. Gelmon for his unwavering dedication and years of service. Article content Lewis Black, Chief Executive Officer of Almonty, commented: 'As Almonty advances its U.S. redomiciling strategy following our successful US$90 million public offering and Nasdaq listing, the appointment of a U.S.-based executive with deep financial and operational acumen was a deliberate and strategic move. Brian brings exactly the type of disciplined execution and institutional-grade financial leadership we need as we scale operations and align with U.S. capital markets. His track record in guiding complex organizations through growth and transformation will prove invaluable. We thank Mark for his years of dedication and are thrilled to welcome Brian to the team.' Article content About Almonty Article content Almonty (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1) is a leading supplier of conflict-free tungsten – a strategic metal critical to the defense and advanced technology sectors. As geopolitical tensions heighten, tungsten has become essential for armor, munitions, and electronics manufacturing. Almonty's flagship Sangdong Mine in South Korea, historically one of the world's largest and highest-grade tungsten deposits, is expected to supply over 80% of global non-China tungsten production upon reaching full capacity, directly addressing critical supply vulnerabilities highlighted by recent U.S. defense procurement bans and export restrictions by China. With established operations in Portugal and additional projects in Spain, Almonty is strategically aligned to meet rapidly rising demand from Western allies committed to supply-chain security and defense readiness. To learn more, please visit Article content Legal Notice Article content The release, publication, or distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this announcement is released, published, or distributed should inform themselves about and observe such restrictions. Article content Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release. Article content Cautionary Note Regarding Forward-Looking Information Article content This news release contains 'forward-looking statements' and 'forward-looking information' within the meaning of applicable securities laws. Article content All statements, other than statements of present or historical facts, are forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and assumptions and accordingly, actual results could differ materially from those expressed or implied in such statements. You are hence cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are typically identified by words such as 'plan', 'development', 'growth', 'continued', 'intentions', 'expectations', 'emerging', 'evolving', 'strategy', 'opportunities', 'anticipated', 'trends', 'potential', 'outlook', 'ability', 'additional', 'on track', 'prospects', 'viability', 'estimated', 'reaches', 'enhancing', 'strengthen', 'target', 'believes', 'next steps' or variations of such words and phrases or statements that certain actions, events or results 'may', 'could', 'would', 'might' or 'will' be taken, occur or be achieved. Forward-looking statements in this news release include, but are not limited to, statements concerning the completion of the Offering, the Company's redomiciling initiatives, the Company's position as a leading supplier of tungsten to the U.S. and its allies, the timing of any listing of the Common Shares on the Nasdaq, the continued listing of the Common Shares on the TSX and the ASX and trading on the Frankfurt Stock Exchange, and the use of proceeds of the Offering. Article content Forward-looking statements are based upon certain assumptions and other important factors that, if untrue, could cause actual results to be materially different from future results expressed or implied by such statements. There can be no assurance that forward-looking statements will prove to be accurate. Key assumptions upon which the Company's forward-looking information is based include, without limitation, the absence of market conditions that could adversely impact the Offering or the intended listing of the Common Shares on the Nasdaq; the satisfaction of all listing requirements of the Nasdaq and continued listing requirements of the TSX and ASX; the achievement of any closing conditions to the Offering; and the absence of material adverse changes in the Company's industry or the global economy including interest rates, inflationary pressures, supply chain disruptions, and commodity market volatility. Article content Forward-looking statements are also subject to risks and uncertainties facing the Company's business, including, without limitation, the risks and uncertainties identified in the Registration Statement; risks relating to the Offering not being completed in a timely manner or at all, including due to unfavourable market or other conditions or factors; the possibility that the required approvals for or conditions to the Offering will not be received or satisfied on a timely basis or at all; changes in the anticipated timing for closing the Offering; business disruption during the pendency of or following the Offering; diversion of management time on Offering-related issues; the ability to retain members of Almonty's management team; the impact of the Offering on relationships with customers, suppliers, employees and other business counterparties; risks related to the reaction of customers, shareholders and members of the public to the Offering; and other events that could adversely impact the completion of the Offering, including industry or economic conditions outside of Almonty's control. Any of these risks could have a material adverse effect on the Company's business, financial condition, results of operations and growth prospects. Readers should consider reviewing the detailed risk discussion in the Company's Registration Statement, the most recent Annual Information Form and the amended Management Discussion and Analysis for the three months ended March 31, 2025 filed on SEDAR+, for a fuller understanding of the risks and uncertainties that affect the Company's business and operations. Article content Although Almonty has attempted to identify important factors that could cause actual results, level of activity, performance or achievements to differ materially from those contained in forward-looking statements, there may be other factors that cause results, level of activity, performance or achievements not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate and even if events or results described in the forward-looking statements are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, Almonty. Accordingly, readers should not place undue reliance on forward-looking statements and are cautioned that actual outcomes may vary. Article content Investors are cautioned against attributing undue certainty to forward-looking statements. Almonty cautions that the foregoing list of material factors is not exhaustive. When relying on Almonty's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Almonty has also assumed that material factors will not cause any forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. Article content Article content Article content Article content Company Article content Article content Lewis Black Article content Article content Article content (647) 438-9766 Article content Article content info@ Article content Article content
The Market Online
a day ago
- Business
- The Market Online
RENK, Almonty Industries, thyssenkrupp: Three stocks that are benefiting NOW from the new security dividend
Geopolitical turmoil is accelerating growth in key sectors. As defense budgets rise worldwide and supply chains are realigned, specialized players are positioning themselves as indispensable partners. High demand for security-critical technology, strategic raw materials, and innovative industrial solutions is driving this development, giving selected companies extraordinary momentum. We take a look at RENK, Almonty Industries (TSX:AII), and thyssenkrupp to see who is benefiting now. This article is disseminated in partnership with Apaton Finance GmbH. It is intended to inform investors and should not be taken as a recommendation or financial advice. RENK – Strong start to the year with record figures and analyst optimism RENK has made a dynamic start to 2025. The drivetrain technology specialist more than doubled its order intake in the first quarter, posting an impressive increase of 163.5%, resulting in a record order backlog of EUR 5.5 billion. This provides an excellent basis for the years to come. The Company also posted strong growth in revenue and operating profit. Revenue rose by 14.7% to EUR 273 million, while adjusted EBIT increased by over 38% to EUR 38 million. The EBIT margin improved significantly to 14.1%. The defense business is clearly driving this strong start. Management has confirmed its full-year guidance. A closer look at the segments paints a clearer picture. The Vehicle Mobility Solutions (VMS) division is sprinting ahead. Order intake quadrupled, revenue rose by 28%, and EBIT by 47%. Large defense contracts are coming in, such as for US combat vehicles. The Marine & Industry (M&I) business is showing mixed signals. While order intake grew by 25%, revenue declined slightly, primarily due to project postponements. However, profitability improved significantly here. The Plain Bearings segment performed solidly in line with plan, with moderate revenue and EBIT growth, although order intake declined slightly. The positive development has also caught the attention of analysts. Several analysts have recently raised their price targets for RENK significantly, underscoring their confidence in the Company's future prospects. Berenberg, for example, has raised its target to EUR 84, while Kepler Cheuvreux has even raised its target to EUR 85 and upgraded its rating to 'Buy.' Deutsche Bank is also more optimistic and raised its target to EUR 73. It justifies this primarily with the strong operating momentum, the huge order backlog, and the continuing tailwind from global defense spending. These assessments signal further confidence in RENK's growth model. The share is currently available for EUR 68.35. Almonty Industries – Tungsten gem with underestimated strategic value While some competitors, such as MP Materials in the critical minerals sector, are benefiting from political signals and high visibility, Almonty Industries (TSX:AII) still shows a striking valuation gap. The Company is building real infrastructure, reducing Western dependence on China, and dominating the strategic tungsten market. Despite tangible progress and ongoing production in Europe, however, it continues to be valued as a pure exploration company, even though competitors with weaker fundamentals command higher valuations. This gap reflects less of an operational reality and more of a market inefficiency. The key to Almonty's potential lies in the Sangdong project in South Korea. The mine has a life span of over 90 years and contains high-grade tungsten deposits. It is becoming one of the largest tungsten mines outside China, fully approved and with government support. Long-term off-take agreements, including those for the US defense industry, are already in place. Sangdong thus functions not only as a mine, but also as a stabilizing pillar in fragmented supply chains. However, the current valuation still treats the project as a vision for the future, despite commissioning being imminent. According to analysts, the undervaluation is mainly due to low awareness compared to better-marketed players. The recent NASDAQ listing significantly improves visibility. The start of production in Sangdong will be decisive. Once production begins, Almonty will transition from a project story to a cash-flow-generating producer with a unique strategic position. Several research firms see massive catch-up potential here. Sphene Capital and GBC have set price targets in the CAD 8.40-8.50 range. Yesterday, US research firm Alliance Global Partners published its study on Almonty shares, which included a price target of USD 6.75. The analysts point to the striking valuation gap compared to comparable companies such as MP Materials, despite Almonty's significantly stronger growth outlook. The market is likely to correct this discrepancy as soon as the operational performance becomes visible. The share is currently trading at USD 3.66 on the NASDAQ. Lyndsay Malchuk and GBC analyst Matthias Greiffenberger on Almonty vs. MP Materials thyssenkrupp – Between restructuring, marine boom, and steel crisis The Essen-based industrial giant is resolutely pushing ahead with its restructuring. The spin-off of the marine division, TKMS, is progressing particularly dynamically. Following the Supervisory Board's decision, shareholders will vote on the planned IPO at an extraordinary general meeting on August 8. thyssenkrupp will retain a majority stake. TKMS is performing strongly with a record order book of around EUR 18 billion and growing profitability. Instead of a stake, the German government is securing comprehensive rights of co-determination via a 'security agreement.' At the same time, the automotive division is being restructured to make it fit for the capital markets, with four focused business units effective from October. The problem child steel division is showing extreme contrasts. On the one hand, thyssenkrupp Steel is investing EUR 800 million in high-tech facilities, such as the new rolling mill in Duisburg, to enhance quality and efficiency for e-mobility and the energy transition. On the other hand, the weak market environment requires drastic cuts. The restructuring package negotiated with the IG Metall union provides for production capacities to be reduced to 8.7–9 million tons, combined with job cuts of up to 1,600 by 2029. Additional efficiency measures will impact approximately 3,700 jobs. Reduced working hours and cuts in special payments are weighing on the workforce. High energy costs and international punitive tariffs are exacerbating the pressure. The recent share price rally is mainly fueled by hopes of value realization through the TKMS spin-off and portfolio concentration. However, operating performance is lagging. Revenue and operating profit in the steel and automotive businesses are stagnating in the face of lower demand and price pressure. The equity ratio developed positively to a solid 37%. Thanks to special items, the Company as a whole closed with a net profit of EUR 167 million. For investors, thyssenkrupp remains a game with opportunities due to the marine boom, but also faces risks such as the ongoing steel crisis and global trade conflicts. The shareholder decision on TKMS on August 8 will be decisive for the further direction. A share currently costs EUR 10.70. The need for security is driving specialized companies in times of geopolitical tension. RENK is benefiting from record orders and strong defense business, supported by analyst optimism and clear growth momentum. Almonty Industries remains an undervalued gem. The Sangdong tungsten project, which is about to begin production, positions it as a strategic raw material pillar outside China. The current valuation does not yet reflect this potential. thyssenkrupp is balancing between opportunities such as the naval boom with TKMS and legacy issues. Conflict of interest Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as 'Relevant Persons') currently hold or hold shares or other financial instruments of the aforementioned companies and speculate on their price developments. In this respect, they intend to sell or acquire shares or other financial instruments of the companies (hereinafter each referred to as a 'Transaction'). Transactions may thereby influence the respective price of the shares or other financial instruments of the Company. In this respect, there is a concrete conflict of interest in the reporting on the companies. In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual this reason, there is also a concrete conflict of interest. The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies. Risk notice Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such. The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user. The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here .
Globe and Mail
a day ago
- Business
- Globe and Mail
Almonty Appoints Respected U.S.-Based Financial Executive Brian Fox as Chief Financial Officer
Almonty Industries Inc. (' Almonty ' or the ' Company ') (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), a leading global producer of tungsten critical to the U.S. defense and technology sectors, today announced the appointment of Brian Fox, CPA as Chief Financial Officer, succeeding Mark Gelmon, CPA,CA, effective August 25, 2025. Mr. Fox most recently served as Chief Financial & Operating Officer at CBIZ Marks Paneth, a top-tier U.S. accounting and advisory firm, where he played a key role in strategic growth initiatives and post-merger integration. His prior experience includes leadership roles at Loureiro Engineering and United Subcontractors, as well as senior audit work at Arthur Andersen. He holds a Master's degree in Management from Harvard University and a Bachelor of Science in Accounting from the University of Connecticut. Mr. Gelmon, who joined Almonty in 2015 through its acquisition of Woulfe Mining Corp. (former owner of the Sangdong Mine Project) and became CFO in 2017, will remain involved with the Company as a financial consultant. The Company thanks Mr. Gelmon for his unwavering dedication and years of service. Lewis Black, Chief Executive Officer of Almonty, commented: 'As Almonty advances its U.S. redomiciling strategy following our successful US$90 million public offering and Nasdaq listing, the appointment of a U.S.-based executive with deep financial and operational acumen was a deliberate and strategic move. Brian brings exactly the type of disciplined execution and institutional-grade financial leadership we need as we scale operations and align with U.S. capital markets. His track record in guiding complex organizations through growth and transformation will prove invaluable. We thank Mark for his years of dedication and are thrilled to welcome Brian to the team.' About Almonty Almonty (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1) is a leading supplier of conflict-free tungsten – a strategic metal critical to the defense and advanced technology sectors. As geopolitical tensions heighten, tungsten has become essential for armor, munitions, and electronics manufacturing. Almonty's flagship Sangdong Mine in South Korea, historically one of the world's largest and highest-grade tungsten deposits, is expected to supply over 80% of global non-China tungsten production upon reaching full capacity, directly addressing critical supply vulnerabilities highlighted by recent U.S. defense procurement bans and export restrictions by China. With established operations in Portugal and additional projects in Spain, Almonty is strategically aligned to meet rapidly rising demand from Western allies committed to supply-chain security and defense readiness. To learn more, please visit Legal Notice The release, publication, or distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this announcement is released, published, or distributed should inform themselves about and observe such restrictions. Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release. Cautionary Note Regarding Forward-Looking Information This news release contains 'forward-looking statements' and 'forward-looking information' within the meaning of applicable securities laws. All statements, other than statements of present or historical facts, are forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and assumptions and accordingly, actual results could differ materially from those expressed or implied in such statements. You are hence cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are typically identified by words such as 'plan', 'development', 'growth', 'continued', 'intentions', 'expectations', 'emerging', 'evolving', 'strategy', 'opportunities', 'anticipated', 'trends', 'potential', 'outlook', 'ability', 'additional', 'on track', 'prospects', 'viability', 'estimated', 'reaches', 'enhancing', 'strengthen', 'target', 'believes', 'next steps' or variations of such words and phrases or statements that certain actions, events or results 'may', 'could', 'would', 'might' or 'will' be taken, occur or be achieved. Forward-looking statements in this news release include, but are not limited to, statements concerning the completion of the Offering, the Company's redomiciling initiatives, the Company's position as a leading supplier of tungsten to the U.S. and its allies, the timing of any listing of the Common Shares on the Nasdaq, the continued listing of the Common Shares on the TSX and the ASX and trading on the Frankfurt Stock Exchange, and the use of proceeds of the Offering. Forward-looking statements are based upon certain assumptions and other important factors that, if untrue, could cause actual results to be materially different from future results expressed or implied by such statements. There can be no assurance that forward-looking statements will prove to be accurate. Key assumptions upon which the Company's forward-looking information is based include, without limitation, the absence of market conditions that could adversely impact the Offering or the intended listing of the Common Shares on the Nasdaq; the satisfaction of all listing requirements of the Nasdaq and continued listing requirements of the TSX and ASX; the achievement of any closing conditions to the Offering; and the absence of material adverse changes in the Company's industry or the global economy including interest rates, inflationary pressures, supply chain disruptions, and commodity market volatility. Forward-looking statements are also subject to risks and uncertainties facing the Company's business, including, without limitation, the risks and uncertainties identified in the Registration Statement; risks relating to the Offering not being completed in a timely manner or at all, including due to unfavourable market or other conditions or factors; the possibility that the required approvals for or conditions to the Offering will not be received or satisfied on a timely basis or at all; changes in the anticipated timing for closing the Offering; business disruption during the pendency of or following the Offering; diversion of management time on Offering-related issues; the ability to retain members of Almonty's management team; the impact of the Offering on relationships with customers, suppliers, employees and other business counterparties; risks related to the reaction of customers, shareholders and members of the public to the Offering; and other events that could adversely impact the completion of the Offering, including industry or economic conditions outside of Almonty's control. Any of these risks could have a material adverse effect on the Company's business, financial condition, results of operations and growth prospects. Readers should consider reviewing the detailed risk discussion in the Company's Registration Statement, the most recent Annual Information Form and the amended Management Discussion and Analysis for the three months ended March 31, 2025 filed on SEDAR+, for a fuller understanding of the risks and uncertainties that affect the Company's business and operations. Although Almonty has attempted to identify important factors that could cause actual results, level of activity, performance or achievements to differ materially from those contained in forward-looking statements, there may be other factors that cause results, level of activity, performance or achievements not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate and even if events or results described in the forward-looking statements are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, Almonty. Accordingly, readers should not place undue reliance on forward-looking statements and are cautioned that actual outcomes may vary. Investors are cautioned against attributing undue certainty to forward-looking statements. Almonty cautions that the foregoing list of material factors is not exhaustive. When relying on Almonty's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Almonty has also assumed that material factors will not cause any forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors.
The Market Online
22-07-2025
- Business
- The Market Online
Why Almonty Industries could be a better investment than MP Materials
Valuation gap with billion-dollar potential? Investors may be overlooking a sleeping giant. While MP Materials is riding high on media hype, an Apple partnership, and US government support, Almonty Industries (NASDAQ: ALM | TSX:AII) – a raw materials specialist focused on tungsten – continues to fly under the radar. However, a closer look reveals a striking valuation gap between the two companies, offering investors enormous upside potential. With a highly critical metal, strategically secured production, and extremely low valuation multiples, Almonty could prove to be one of the biggest success stories of the coming years. One analyst recently took a deeper dive into the numbers and fundamentals. Read the report to learn more. This article is disseminated in partnership with Apaton Finance GmbH. It is intended to inform investors and should not be taken as a recommendation or financial advice. Almonty vs. MP Materials – A comparison with explosive potential Two companies – one strategic goal: Both Almonty Industries (NASDAQ: ALM) (TSX:AII) and MP Materials supply essential raw materials for future technologies and defense. While MP Materials focuses on rare earths such as neodymium (for example, for electric motors and wind power), Almonty specializes in tungsten – a metal without which no aircraft can take off, no tank can brake, and no high-performance machine can run. Lewis Black, CEO of Almonty, recently said in an interview with host Lyndsay Malchuk Interview: '*I do not really want to talk about MP – they would probably not like that. But what I can say about Almonty is this: we process everything directly on site, operate in safe regions, and run multiple mine sites. Tungsten is extremely rare. The next major project outside of our company is located in the north of the Yukon, 200 km from the nearest road – and even according to their own statements, about ten years away from the construction phase. So in that sense, we have a pretty free playing field. Tungsten is extremely difficult to process. Anyone coming from the gold, silver, or tin sector will fail with tungsten because it is so brittle. We have been doing this for decades – we are considered the market leader. And the difference to rare earths? In many applications of rare earths, one does not even see the material – it is in magnets, guidance systems, and so on. But without tungsten, no airplane can take off: no engines, no brakes, no ammunition – even guidance systems contain tungsten. Even the displays in the cockpit would not exist without tungsten. However, until last year – when Biden imposed tariffs on this sector – no government had wanted to discuss it at all. Because if one publicly admits to not having enough tungsten, you are signaling to your opponents that you cannot manufacture ammunition. Incidentally, rare earths are not that rare – they are just difficult to process and have many toxic by-products. Tungsten, on the other hand, is both rare and difficult to mine. And that, I think, is * the fundamental difference between us and other producers of strategic metals .'** Two relevant companies in the GBC comparison GBC conclusion: Almonty is projected to achieve twice the EBITDA of MP Materials by 2028 – yet it currently trades at just one-seventeenth of MP's valuation multiple . Applying MP Materials' EBITDA multiples to Almonty's expected earnings would result in valuations of approximately CAD 8.27 billion for 2026, CAD 11.38 billion for 2027, and up to CAD 19.84 billion for 2028. This analysis suggests that Almonty's market capitalization could develop significantly above its current level if it were to receive a comparable valuation relative to MP Materials. – Source: Research Comment dated July 21, 2025. At the current share price of CAD 6.18, Almonty is valued at just CAD 1.33 billion. Rare growth momentum Almonty is set to commence operations at the Sangdong mine in South Korea, which will be one of the world's largest tungsten mines outside of China. Capacity is set to be massively expanded by 2027. In contrast, according to a GBC comparison, growth at MP Materials is stagnating from today's perspective, with EBITDA rising only moderately over the same period. Global tungsten dynamics: China cuts back – prices explode The global tungsten market is in a state of flux. China – with over 80% of the global market share and thus the leading supplier – has reduced its production quotas for 2025 by 4,000 tons from 62,000 tons in 2024 to 58,000 tons, a decrease of 6.8%. At the same time, demand from sectors such as semiconductors, aerospace, and defense is rising significantly. The result: APT prices rise to USD 440/mtu (+USD 20 compared to the previous week) Ferro-tungsten reaches USD 57/kg – and the trend is rising Supply bottlenecks are forcing many traders to only serve domestic markets (source: Fastmarkets Global Ltd.) Where to get it? According to Techcet, global demand for tungsten is expected to grow by 3–5% annually from 2025 to 2030, with an increase of 8% annually in the semiconductor sector, and a 4–6% increase in the defense sector. High tech vs. defense: It will therefore be exciting to see who will ultimately get their hands on the hardest metal on earth. It is precisely this situation that makes Almonty Industries a classic takeover candidate. Conclusion: Get in now before the market realizes the difference The combination of geopolitical tailwinds, growing demand, supply bottlenecks, and a currently absurdly low valuation of CAD 1.33 billion makes Almonty Industries (NASDAQ: ALM| TSX: AII) one of the most intriguing commodity bets of the coming years. While MP Materials, with a market capitalization of USD 9.34 billion, is already receiving a valuation bonus for its strategic role, Almonty is in no way inferior – only the stock market has not yet recognized this. Price setbacks have historically been excellent entry opportunities in the past. Almonty Industries Inc., 12-month chart in CAD, as of July 22, 2025, source: LSEG Conflict of interest Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as 'Relevant Persons') currently hold or hold shares or other financial instruments of the aforementioned companies and speculate on their price developments. In this respect, they intend to sell or acquire shares or other financial instruments of the companies (hereinafter each referred to as a 'Transaction'). Transactions may thereby influence the respective price of the shares or other financial instruments of the Company. In this respect, there is a concrete conflict of interest in the reporting on the companies. In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships. For this reason, there is also a concrete conflict of interest. The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies. Risk notice Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such. The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user. The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here .
The Market Online
16-07-2025
- Business
- The Market Online
A new NASDAQ listing for a key player in the global critical minerals space
One of the biggest stories shaking up critical mineral space right now is the NASDAQ debut of Almonty Industries. This isn't just another listing, it's a calculated move with a serious impact at a time when the West is scrambling to lock down supply chains and reduce its dependency on China, Almonty is already steps ahead. Their Korean tungsten project is drawing serious attention and now Wall Street's paying attention too. The following is a transcription of the above video, and The Market Online has edited it for clarity We recently caught up with the driving force behind Almonty's momentum, Mr. Lewis Black, Director, President and CEO himself. He's not just steering a company; he's commanding a mission that's putting Almonty at the center of the global critical minerals battle. Take a peek into our conversation where we talk about the who, the what, the how of their big NASDAQ debut, as well as, what's next for Almonty Industries. You can find Almonty Industries now trading on the NASDAQ under the ticker symbol ALM. If you're not already looking at this company, it's tie you start, check them out at This is one story that's not waiting around. Join the discussion: Find out what everybody's saying about this stock on the Almonty Industries investor discussion forum, and check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here
