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News 2026-09-29 11:30 UTC

Almonty Industries Inc. (ALM) Starts Sangdong Output, Greenlights Phase II

Almonty Industries Inc. produced first tungsten concentrate at Sangdong and said Phase II is underway, targeting completion in 2027 with capacity up to 1.2M tpa and potential output over 460,000 MTU annually. The company also bought back ~2.9M shares for ~$48M.Material DetailsContext by AI AnalystT…