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2026-07-25 23:55 UTC → 2026-07-27 05:26 UTC ·
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Following July reports, Almonty Industries' share price surged after Recent weeks have reinforced the view that metal producers are thriving amid elevated commodity prices and tightening supply chains. After DA Davidson raised its target and confirmed on July 15, Almonty Industries' share price surged, supported by a long‑term supply contract for the Sangdong tungsten mine, positioning it mine that positions the company as a strategic non‑Chinese source ahead of a planned U.S. defence ban on Chinese tungsten for defence use. tungsten. Montega AG upgraded AG’s upgrade of AMAG Austria Metall, maintaining backed by a €34 target and forecasting double‑digit revenue growth 45 % year‑on‑year rise in Q2 2026 as LME aluminium prices rose 45 % YoY, with geopolitical tensions sustaining high aluminium levels. Analyst houses on 15 July reaffirmed buy ratings for AMAG, CEWE’s €88 million acquisition of Kodak Moments, and Bio‑Gate’s move to scalable growth, underscoring broader geopolitical tension, further underscored optimism in for German metal equities. On 19 July Almonty announced it will a series of listing consolidations: a July 19 decision to delist from the Toronto Stock Exchange, ending trading there on Exchange by 31 July and remaining listed solely on Nasdaq. The decision coincides with an expanded 21‑year supply agreement for the Sangdong mine, raising committed volume by 40 % and price by 6.3 %, projected to generate roughly $30 million of additional annual revenue and secure about 90 % of Phase I production. A further announcement on 24 a July disclosed Almonty's forthcoming withdrawal 24 plan to withdraw from the Australian Securities Exchange effective on 1 September, leaving Nasdaq and the Frankfurt Stock Exchange as its only sole venues. The news prompted a 5.5 % dip On 27 July, Almonty confirmed that processing at the Sangdong mine began in Almonty’s share price June, marking a major operational milestone. The company reiterated its withdrawal from Toronto on 31 July and from the ASX on 28 August, with a concurrent rise in final delisting on 1 September. A recent sale of roughly 5 million shares by major shareholder Deutsche Rohstoff AG’s stock after it sold part of its stake. Collectively, AG contributed to a 5.5 % share‑price decline to CAD 18.81, an 18 % drop over the upgrades, buy ratings and Almonty's past month. These developments – contract extensions extensions, upgraded earnings forecasts, and focused listing consolidations reinforce the narrative that strategies – illustrate how metal producers are gaining from elevated capitalising on strong commodity prices and tightening supply chains. pricing while streamlining their market presence.