toys
Commented by Fabian Lorenz on October 27th, 2026 | 05:43 CET
Almonty Makes History! Will BASF Bid More for Evonik? Is tonies a Buy?
It is an upside-down world at Almonty at present. While its share price has halved in recent months, the tungsten producer is making operational history. For the first time in more than 30 years, a shipment of tungsten from the Sangdong mine in South Korea has been dispatched. Monthly shipments of around 200 tonnes of the critical raw material are expected to follow soon. Analysts forecast a sharp increase in earnings to USD 2.76 per share next year. The share is currently trading below USD 10. BASF, by contrast, may not be a bargain. The company wants to acquire Evonik and could increase its offer. Although analysts view the plan more positively, they remain cautious about the shares. Meanwhile, analysts recommend tonies as a Buy. Expectations for the upcoming results have risen following a 20% rally, but analysts anticipate strong growth.
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