Tungsten
Commented by Nico Popp on February 17th, 2026 | 07:00 CET
Tungsten price explodes to USD 1,737: Why Almonty is now becoming the West's money printing machine – bottleneck for Sandvik and Rheinmetall
A scenario is currently unfolding on the commodity markets that even experienced traders and analysts describe as "extraordinary," if not a "tectonic shift." While investors often look to gold or copper, an exponential price development is taking place in a strategic niche that is turning the calculations of the entire Western industry upside down and creating new hierarchies. The tungsten market, the metal that forms the backbone of the modern defense and high-tech industry due to its extreme hardness and heat resistance, has spiraled out of control. Almonty is the only Western producer to create significant new capacity in 2026.
The price of ammonium paratungstate (APT), the global benchmark product for tungsten trading, is skyrocketing. Within a single week, the price in Rotterdam shot up by more than 26% to reach an average price of USD 1,737 per mtu (metric ton unit). To really understand the drama of this development, one needs to look at the timeline. **At the beginning of 2025, the price was still hovering around USD 340. By the end of 2025, it had more than doubled to USD 862, which was already considered sensational. But what we are now experiencing in the first quarter of 2026 is no longer a normal market fluctuation. It is a wave of panic buying that has caused the price to increase fivefold in just over a year. In this extremely dynamic environment, there are many losers on the buyer side – but on the producer side, there is one clear winner that is positioned like no other: Almonty Industries.
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Commented by Carsten Mainitz on February 16th, 2026 | 07:00 CET
These stocks continue to rise: Almonty Industries, RENK, and Steyr Motors. Do not miss out!
The pause near Almonty Industries' all-time high is likely to prove very short-lived. The arguments in favor of buying the stock are too strong. Several analysts have recently raised their price targets. As one of the world's largest producers of the critical raw material tungsten, the company has geopolitical weight, which is increasing in light of initiatives such as those by the US government to build up strategic reserves of rare earths and other critical raw materials. Several analysts have recently been promoting the two defense stocks RENK and Steyr Motors. Who has the edge?
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Commented by Fabian Lorenz on February 13th, 2026 | 07:15 CET
Siemens Energy, TKMS, and Almonty Industries! Profits surge, forecasts raised, target prices raised!
Almonty shares remain high flyers. Even though the overall market is weakening, every dip is being used as an opportunity to buy Almonty shares. And for good reason. The price of tungsten is exploding, and analysts are only slowly taking this into account. Further price target increases are likely to follow. Siemens Energy's share price and target price are also rising. The German energy technology group is profiting handsomely from the AI boom. The current quarterly figures are convincing, but there is no room for error in the valuation. Recently listed TKMS has raised its forecast. However, investors are reacting cautiously. Analysts' opinions remain divided. Is there a margin problem looming?
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Commented by Carsten Mainitz on February 9th, 2026 | 07:20 CET
New analyst comments: Almonty Industries at all-time high, volatility at Rheinmetall and RENK – What is next?
The latest analyst ratings assess the growth prospects of Almonty Industries and several defense companies. The tungsten producer's stock stands out as particularly positive. The high price level of this critical raw material, combined with rising production volumes, is acting as an enormous profit lever with net margins of around 60% from 2028 onwards. The bottom line is that the experts' verdict on defense stocks is positive. The big picture underpinning this outlook is the tense geopolitical situation and massive increases in defense budgets.
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Commented by Armin Schulz on February 6th, 2026 | 07:00 CET
Almonty Industries Surges, Novo Nordisk and PayPal Correct: Where Are the Entry Points?
The stock market is increasingly divided. While mining stocks are benefiting from geopolitical upheavals and the strategic race for raw materials, established market heavyweights are being punished at the slightest disappointment. This shift reflects the growing limits of globalization. Today, resilience beats efficiency. Three very different companies illustrate this new environment: tungsten producer Almonty Industries, pharmaceutical giant Novo Nordisk, and payment service provider PayPal. We analyze the current situation.
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Commented by Fabian Lorenz on February 5th, 2026 | 08:25 CET
Almonty shares are skyrocketing! Novo Nordisk shares are plummeting! And what is Hensoldt doing?
Almonty shares gained over 17% on the Nasdaq on Tuesday. The largest Western tungsten producer is likely to benefit from the US government's build-up of strategic reserves of critical raw materials. In addition, analysts have significantly raised their price target and expect Almonty to achieve a net margin of around 50% in 2027. Novo Nordisk, on the other hand, plummeted by over 17% yesterday. The pharmaceutical company has once again shocked the stock market. It expects declining revenue and profits for the current year. And what about Hensoldt? The stock is treading water, but analysts see potential for price gains. In addition, the company has landed an order worth hundreds of millions of euros.
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Commented by Nico Popp on February 3rd, 2026 | 07:00 CET
Crash as a reality check for AMD and First Majestic: Why silver and AI are correcting while Almonty stands firm on rising tungsten prices
Market sentiment has shifted sharply in recent weeks: what began as profit-taking has developed into a real stress test for investors' nerves. The sectors most celebrated in recent months – AI stocks and precious metals – have taken a beating. Yet amid this turmoil, one phenomenon is emerging that should make investors sit up and take notice: the tungsten market is completely decoupled from the crash and, seemingly immune to Wall Street panic, is hitting new highs. Tungsten, the indispensable backbone of Western defense and heavy industry, is becoming more expensive while almost everything else is falling. In this environment, Almonty Industries is emerging as a quasi-monopolist with excellent prospects to deliver long-term gains for its shareholders.
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Commented by André Will-Laudien on February 2nd, 2026 | 07:30 CET
Crash, correction, or buying opportunity? Silver at 74, gold at 4,700 - SAP and Microsoft down 20%, while Almonty and ASML advance
What a Friday it was! Oil prices started rising in the morning due to fears of a US invasion of Iran. But things turned out differently! Silver, which started the day at USD 112, reached prices of around USD 74 by 7 pm – a crash of 40% from its recent highs. Gold followed suit, dropping by roughly 20%. Trading floors saw exceptionally high volumes, and a new US Federal Reserve chairman was announced. The day before, ASML reached a new all-time high, while SAP and Microsoft continued their downward trend. Almonty Industries shot up to record levels and was only slowed down by the negative sentiment. How is all this connected? Read on to find out.
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Commented by Carsten Mainitz on January 30th, 2026 | 07:00 CET
Business is booming, stocks are booming: Almonty Industries, Rheinmetall, and TKMS in focus
Shares in commodity producers and defense companies are booming. Geopolitical conditions and structural long-term demand trends form the basis for a sustained positive climate. Almonty Industries stands out in particular as a leading global producer of the critical raw material tungsten. Demand from the defense, aerospace, high-tech and other strategic industries is growing massively worldwide, especially in the United States. The price of tungsten rose by over 160% last year and continues its upward trend this year.
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Commented by Armin Schulz on January 29th, 2026 | 06:55 CET
Raw materials, armaments, returns: The investment logic behind Almonty Industries, Rheinmetall, and Lockheed Martin
The global economy is under intense pressure. Geopolitical conflicts are causing shortages of critical raw materials and forcing nations to embark on a massive arms race. These two megatrends are creating unique profit opportunities for companies that are positioned at the crucial points of this value chain. Those who understand the strategic connection between vital resources, modern defense technology, and the highest level of security technology can profit. An analysis of the key players - Almonty Industries, Rheinmetall, and Lockheed Martin - reveals how investors can position themselves along this strategic value chain.
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