Almonty Industries Achieves Milestone Profit Amid Strategic Expansion

Almonty Industries has executed a remarkable financial recovery, posting a net profit of $33.2 million for the third quarter of 2025. This represents a dramatic reversal from the loss-making position the tungsten specialist experienced during the same period last year. The company’s shares are gaining momentum as several strategic developments strengthen its position within Western tungsten supply chains.

Financial Performance Shows Substantial Improvement

Key financial metrics demonstrate significant operational progress:

• Revenue climbed 28% to $8.7 million (previous year: $6.8 million)
• Mining revenues doubled, reaching $1.3 million
• Adjusted EBITDA improved to -$2.2 million

The company’s liquidity position underwent a substantial transformation, surging from $7.83 million to $111.59 million. This dramatic increase was primarily fueled by Almonty’s successful Nasdaq listing in July 2025, which generated $90 million in capital.

Strategic Developments Drive Market Position

Almonty’s flagship Sangdong mine in South Korea is approaching commercial production. Construction is essentially complete, with production ramp-up already underway. At full capacity, this facility is projected to supply more than 80% of non-Chinese tungsten production outside China.

Should investors sell immediately? Or is it worth buying Almonty?

Concurrently, the company has significantly enhanced its United States market presence through the recent acquisition of the Beaverhead project in Montana for $9.75 million. This strategic move provides Almonty with immediate access to advanced US assets, with production expected to commence in the second half of 2026. The Gentung Browns Lake project represents one of the few advanced tungsten initiatives in the United States capable of rapid production deployment.

Defense Sector Creates Favorable Market Conditions

Almonty’s stock is benefiting from unprecedented defense sector interest in secure tungsten supply chains. The US House of Representatives has formally acknowledged the company’s critical role within national security supply networks.

Tungsten demand is accelerating across multiple defense applications including armor plating, ammunition, and advanced electronics manufacturing. Western allies are increasingly prioritizing supply chain security, creating sustainable demand for Almonty’s conflict-free tungsten concentrate. The transition to production at Sangdong occurs against a backdrop of heightened geopolitical tensions and increasing procurement restrictions for Chinese tungsten within the defense sector, establishing optimal market conditions for Almonty’s strategic positioning.

The combination of completed construction at Sangdong, strategic entry into the US market, and a robust financial foundation creates a compelling investment narrative for Almonty shares.