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Almonty Industries ( (TSE:AII) ) just unveiled an update.
Almonty Industries has appointed General Gustave F. Perna to its Board of Directors, bringing his extensive experience in global logistics, supply chain strategy, and defense-related industries. This strategic move aligns with Almonty’s transition to the United States and aims to strengthen its position as a critical tungsten supplier to American industry, leveraging General Perna’s expertise to guide the company through its next growth phase.
More about Almonty Industries
Almonty Industries Inc. is a global producer of tungsten concentrate, operating in conflict-free regions. The company mines, processes, and ships tungsten concentrate from its Panasqueira mine in Portugal and is constructing the Sangdong tungsten mine in South Korea. Almonty is also developing the Valtreixal tin/tungsten project in Spain and the Los Santos Mine in Spain.
YTD Price Performance: 131.68%
Average Trading Volume: 543,513
Technical Sentiment Signal: Sell
Current Market Cap: C$645.6M
For a thorough assessment of AII stock, go to TipRanks’ Stock Analysis page.