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Almonty Industries Commences Commercial Mining at Sangdong Tungsten Mine

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Almonty Industries Commences Commercial Mining at Sangdong Tungsten Mine

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

On December 16, 2025, Almonty Industries Inc. announced a significant milestone with the first delivery of ore to the ROM pad at its Sangdong Mine, marking the transition from development to active mining operations. This development is crucial for diversifying the global tungsten supply chain away from China’s dominance, supporting key sectors such as defense and high technology. The Sangdong Mine’s production will enhance resource security for the U.S. and its allies, positioning Korea as a global hub for tungsten production and refining.

The most recent analyst rating on (TSE:AII) stock is a Hold with a C$10.00 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 Neutral.

Almonty Industries’ overall stock score is primarily impacted by its weak financial performance, characterized by significant losses and high leverage. While technical indicators show some strength, valuation concerns persist due to ongoing losses. Positive corporate events, such as strategic acquisitions, provide some upside potential, but legal challenges add risk.

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 critical to the defense and advanced technology sectors. The company operates the Sangdong Mine in South Korea, historically one of the world’s largest and highest-grade tungsten deposits. Almonty is strategically positioned to supply over 80% of global non-China tungsten production, addressing supply vulnerabilities highlighted by recent U.S. defense procurement bans and export restrictions by China. With operations in Portugal and projects in the United States and Spain, Almonty is aligned to meet the rising demand from Western allies focused on supply-chain security and defense readiness.

Average Trading Volume: 648,058

Technical Sentiment Signal: Buy

Current Market Cap: C$2.36B

For detailed information about AII stock, go to TipRanks’ Stock Analysis page.

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