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How Will Almonty’s $33M Q3 Gain Fuel Sangdong Mine’s Critical Ramp-Up?
9:08am on Tuesday 4th of November, 2025 AEDT
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Mining
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How Will Almonty’s $33M Q3 Gain Fuel Sangdong Mine’s Critical Ramp-Up?
9:08am on Tuesday 4th of November, 2025 AEDT
Key Points
Q3 net income surged to CAD 33.2 million due to warrant liability revaluation
Revenue rose 28% to CAD 8.7 million, boosted by higher tungsten prices
Sangdong Mine construction substantially complete with ramp-up underway
US$10 million acquisition of strategic Montana tungsten project
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