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Almonty Industries Raises US$772.7 Million From Oversubscribed Convertible Notes

9:13am on Wednesday 10th of June, 2026 AEST 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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