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Almonty Industries Appoints Retired Brigadier General as COO to Boost Tungsten Operations

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Almonty Industries Appoints Retired Brigadier General as COO to Boost Tungsten Operations

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Almonty Industries ( (TSE:AII) ) just unveiled an announcement.

On December 1, 2025, Almonty Industries announced the appointment of Brigadier General (Retired) Steven L. Allen as Chief Operating Officer. General Allen, a decorated U.S. Army veteran, is expected to enhance tungsten delivery optimization at Almonty’s Sangdong and Panasqueira Mines and accelerate the development of projects in South Korea and the U.S. His extensive military logistics and leadership experience is anticipated to drive strategic growth and operational excellence, benefiting shareholders and strengthening Almonty’s market position amid rising geopolitical tensions.

The most recent analyst rating on (TSE:AII) stock is a Sell with a C$8.00 price target. To see the full list of analyst forecasts on Almonty Industries stock, see the TSE:AII Stock Forecast page.

Spark’s Take on TSE:AII Stock

According to Spark, TipRanks’ AI Analyst, TSE:AII is a Underperform.

Almonty Industries’ overall stock score is primarily impacted by its weak financial performance and valuation. The company’s high leverage and persistent losses are significant concerns. Technical indicators suggest bearish momentum, further weighing on the stock’s outlook. The absence of earnings call insights and corporate events leaves these areas unaddressed.

To see Spark’s full report on TSE:AII stock, click here.

More about Almonty Industries

Almonty Industries Inc. is a leading global producer of tungsten, a strategic metal crucial for the defense and advanced technology sectors. The company operates the Sangdong Mine in South Korea, one of the world’s largest tungsten deposits, and has additional projects in Portugal, Spain, and the U.S. Almonty is strategically positioned to meet the increasing demand for tungsten from Western allies focused on supply-chain security and defense readiness.

Average Trading Volume: 607,400

Technical Sentiment Signal: Buy

Current Market Cap: C$2.19B

See more insights into AII stock on TipRanks’ Stock Analysis page.

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