middle.news

Almonty Doubles Down on U.S. Defense Amid Sangdong Mine Launch

2:12am on Monday 2nd of June, 2025 AEST Mining
Read Story

Almonty Doubles Down on U.S. Defense Amid Sangdong Mine Launch

2:12am on Monday 2nd of June, 2025 AEST
Key Points
  • Revenue edged up 1.3% to CAD 7.9 million
  • Net loss widened to CAD 34.6 million driven by non-cash warrant liability revaluation
  • Secured exclusive tungsten oxide offtake agreement with U.S. defense contractor
  • Shareholders approved domestication to U.S. with 99.6% support
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Almonty Industries (ASX:AII)
OPEN ARTICLE