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Diamond Equity Research Releases Update Note on Almonty Industries, Inc. (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1)
New York, March 25, 2026 (GLOBE NEWSWIRE) -- Diamond Equity Research, an equity research firm wit...
About this update from Almonty Industries Inc.
[{"type":"text","content":"Diamond Equity Research Releases Update Note on Almonty Industries, Inc. (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1)\nNew York, March 25, 2026 (GLOBE NEWSWIRE) -- Diamond Equity Research, an equity research firm with a focus on small capitalization public companies has released an Update Note on Almonty Industries, Inc. (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1).  The research summary below is from an issuer-sponsored report commissioned by Almonty Industries, Inc. and produced by Diamond Equity Research. The update note includes detailed information on the Almonty Industries’ business model, services, industry overview, financials, valuation, management profile, and risks. The full update note is available below. Almonty Industries Update Note March 2026 Highlights from the report include: 2026 Outlook and Key Growth Milestones Highlight Transition Towards Scaled Production and Multi-Asset Expansion Amid Record Tungsten Prices - Looking ahead to 2026, Almonty’s strategic focus is on advancing the Sangdong Tungsten Mine toward the commencement of the planned Phase II expansion, expected to be completed in 2027. Phase II is designed to lift throughput capacity to approximately 1.2 million tonnes per annum, positioning Sangdong to potentially produce more than 460,000 MTUs annually, materially increasing Almonty’s global tungsten output and revenue base at a time when APT benchmark prices have reached record levels of approximately $2,500/MTU. In parallel, the Company’s large-scale drilling program at the Panasqueira Mine is expected to define the mine plan for development into Level 4, supporting higher-grade ore access, a potential increase in annual production to approximately 124,000 MTUs, and an extension of mine life. Almonty continues to advance the Sangdong Molybdenum Project, one of the highest-grade molybdenum deposits globally at 0.26% MoS₂, toward reserve definition and development planning, while targeting production readiness at the Gentung Browns Lake Project in Montana by the second half of 2026. Beyond these core projects, management indicated that 2026 will also be a year of continued evaluation of additional tungsten opportunities, supported by its long-standing relationships with governments and strategic customers seeking secure, non-China supply sou...