Almonty Industries targets tungsten production milestones by late 2026

Almonty Industries is approaching a technical milestone with the commencement of tungsten concentrate production at its Sangdong facility, expected to begin in the fourth quarter of 2026.

While the production step represents significant technical progress, market reaction has been cautious. The company's stock recently experienced a 6.4% decline, reflecting investor skepticism regarding the timing and the actual economic impact of the production. Analysts note that the ultimate financial success of the Sangdong project will depend heavily on market price conditions and the ability to translate production into attractive operating margins.