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Almonty Industries Raises US$772.7 Million From Oversubscribed Convertible Notes
9:13am on Wednesday 10th of June, 2026 AEST
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Mining
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Almonty Industries Raises US$772.7 Million From Oversubscribed Convertible Notes
9:13am on Wednesday 10th of June, 2026 AEST
Key Points
US$700 million convertible notes offering fully subscribed
Over-allotment option exercised for additional US$100 million
Net proceeds total approximately US$772.7 million
Funds to support Sangdong Mine development and non-China tungsten supply
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Almonty Industries (ASX:AII)
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