middle.news
Almonty Posts $181.8M Q2 Profit on Record Tungsten Prices and $800M Convertible Notes
9:07am on Wednesday 12th of August, 2026 AEST
•
Mining
Read Story
Almonty Posts $181.8M Q2 Profit on Record Tungsten Prices and $800M Convertible Notes
9:07am on Wednesday 12th of August, 2026 AEST
Key Points
Q2 revenue up 498% to $43 million CAD
Net income of $181.8 million CAD versus loss last year
Sangdong Mine Phase I commissioning and ramp-up ongoing
Completed oversubscribed $800M US convertible notes offering
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Almonty Industries (ASX:AII)
OPEN ARTICLE