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The company said its Sangdong tungsten mine has produced its first bags of tungsten concentrate and Phase II underground development is underway. Almonty also said it has bought back 2,914,739 shares for about US$48 million under its repurchase programme.
Reuters analysis says the Washington summit delivered limited outcomes, including no timeline for tariff changes on $60 billion of non-sensitive goods. Analysts said China gained time on issues including Taiwan arms sales and showed it still holds leverage.
Mining facility inspection certificates issued September 17 authorize Almonty to commercially operate the Sangdong processing plant and crushing facilities in South Korea. The company says the certification lets it begin sales of tungsten concentrate and marks the transition to commercial production.
CAE (TSX: CAE ) held its first-quarter earnings conference call on Thursday. Below is the complete transcript from the call. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more. Access the full call at Summary CAE Inc. reported a strong start to fiscal 2027 with a 6.8% inc
AEVEX (NYSE: AVEX ) released second-quarter financial results and hosted an earnings call on Wednesday. Read the complete transcript below. This transcript is brought to you APIs. For real-time access to our entire catalog, please visit for a consultation. Access the full call at Summary AEVEX reported a strong second
LightPath Technologies said fiscal 2026 revenue rose 93% to $71.7 million, gross margin widened to 36%, and backlog increased 197% to $110.9 million. The company also said adjusted EBITDA improved to a $4.2 million profit and that it ended the year with $93.2 million in cash and no debt.
AeroVironment said first-quarter revenue was $480 million, funded backlog reached a record $1.5 billion and adjusted EBITDA was nearly $46 million. The company also booked $683 million and reaffirmed fiscal 2027 revenue guidance of $2.125 billion to $2.225 billion and adjusted EBITDA guidance of $305 million to $325 mi
US to increase defense production for allies
European leaders are solidifying unity ahead of the NATO summit in Ankara, striving to resolve internal conflicts and present a united front amid escalating global conflict and energy crises