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How Almonty Secured a Key Tungsten Supply Role for U.S. Defense
3:06am on Monday 2nd of June, 2025 AEST
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Mining
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How Almonty Secured a Key Tungsten Supply Role for U.S. Defense
3:06am on Monday 2nd of June, 2025 AEST
Key Points
Binding offtake agreement with U.S. defense contractor Tungsten Parts Wyoming
Minimum supply of 40 metric tons of tungsten oxide per month
Exclusive use for U.S. missile, drone, and ordnance systems
Hard floor pricing with no cap on upside for three years
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Almonty Industries (ASX:AII)
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