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How Almonty’s Nasdaq IPO and Tungsten Rally Sparked a Q3 Profit Surge
9:07am on Tuesday 4th of November, 2025 AEDT
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Mining
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How Almonty’s Nasdaq IPO and Tungsten Rally Sparked a Q3 Profit Surge
9:07am on Tuesday 4th of November, 2025 AEDT
Key Points
Q3 2025 net income of $33.2 million despite nine-month net loss
Nasdaq IPO raised US$90 million to fund Tungsten Oxide Facility and working capital
Sangdong Mine on track for Q4 2025 production start with Phase II expansion potential
Acquisition of Montana-based Gentung Browns Lake Tungsten Project underway
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