middle.news

How Almonty’s Nasdaq IPO and Tungsten Rally Sparked a Q3 Profit Surge

9:07am on Tuesday 4th of November, 2025 AEDT Mining
Read Story

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
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about AII
OPEN ARTICLE