Almonty Industries goes NASDAQ: In the fast lane with one of the world's most critical metals

Tungsten as a key metal for geopolitical stability

Tungsten is one of the essential metals in modern defense technology. Whether in armor, guided missiles, special alloys, or armor-piercing ammunition, no other metal combines hardness, heat resistance, and density as comparably. In times of growing global uncertainty, access to tungsten is not only of economic interest but also of utmost importance for security policy. This is precisely where Almonty positions itself as a reliable partner to Western industry, with mines in South Korea, Portugal, and soon also in Spain.

Finally, the EU is responding

With the planned "Critical Raw Materials Act" (CRMA), Brussels aims to simplify approval procedures and reduce dependencies. The EU is responding to growing dependence on raw materials with a comprehensive package of measures. The goal is to produce at least 10% of critical raw materials domestically by 2030, process 40% within the EU, and recycle 25%. Approval procedures for strategic projects are also to be significantly accelerated. In addition, the EU is funding 47 key projects in 13 member states and 13 international projects. Plans are in place to build up strategic reserves of rare earths and magnets, for example. Companies will be required to regularly analyze their supply chain risks. New alliances, such as the Critical Chemical Alliance, are also intended to prevent chemical bottlenecks. A central platform will also be used to coordinate the procurement of raw materials. Almonty could clearly benefit from this, not least because of its European footprint.

A lever in the global political struggle for security of supply

CEO Lewis Black is convinced that his company is in the right place at the right time. Almonty is not only a mining operator, but is increasingly becoming a strategic lever for securing Western interests. Analysts expect revenues of over CAD 300 million and profits of more than CAD 200 million from 2027 onwards, with price estimates for the underlying raw material remaining conservative. The historic Panasqueira mine in Portugal is already supplying consistently high-purity concentrate, and Sangdong is about to go into production. With a lifespan of over 90 years and purchase agreements in the American defense sector, this is a strategic jackpot for shareholders accustomed to high returns.

Overview of details already published

The funds generated from the placement of approximately 10% of new shares will be used specifically for the next strategic step. The plan is to build a state-of-the-art tungsten oxide plant, which will further strengthen the Company's position in the value chain. With its NASDAQ listing, Almonty is increasingly coming to the attention of international institutional investors, as liquidity for larger tickets is now also available. The Company will continue to be listed on the TSX and ASX under the ticker symbol "AII" and on the Frankfurt Stock Exchange. OTCQX trading will be discontinued following successful NASDAQ admission. Please note the new security identifier and ISIN. The number of shares reduced by the reverse split is 192.46 million (prior to the US offering), which sets the current market capitalization at approximately CAD 1.4 billion.

The planned issue volume and price range will be determined in line with market demand. A volume of up to USD 75 million is planned. Renowned investment houses, including Oppenheimer & Co., Cantor, D.A. Davidson, and Scotiabank, are accompanying the offering. Registration with the SEC is currently underway, and details will soon be available on SEDAR+ and EDGAR. The US stock exchange prospectus is also expected to be available in the next few days. Once approval has been granted, trading on the NASDAQ will commence under the new ticker symbol "ALM" – marking a new chapter for one of the most exciting commodity companies in the Western world.

The circle is complete

CEO Lewis Black commented on the current phase of intense excitement: "We are delighted to announce our application for listing on the Nasdaq in conjunction with a public offering in the US, which will secure our position as a leading supplier of tungsten to the US and its allies. Given the increasing geopolitical tensions worldwide, we anticipate that demand and price prospects for tungsten will remain robust for some time to come. I look forward to continuing our operational execution in the coming months as we strive to create sustainable, long-term value for our fellow shareholders."

Conclusion: The Almonty story exemplifies the new era of resource independence in the West. The Nasdaq IPO is a visible sign of this ambition, but the real potential lies in the strategic depth of the Company. In an increasingly conflict-ridden world, tungsten is becoming a metal of military importance. Those who invest in Almonty today are not only investing in a company, but also in geopolitical resilience with economic leverage.

The following video provides an in-depth look at what tungsten is all about: https://www.youtube.com/watch?v=XCpnqmg-sQA.

The environment for resuming historic tungsten production could not be better. Critical raw materials are a key focus for Western governments, and the issue is also high on the shopping list of investors worldwide. After a fivefold increase in the share price in just six months, it may take a little longer for the next doubling, given the increased market value.