Almonty revenue jumps as tungsten prices firm and Sangdong starts output
Almonty Industries reported third-quarter revenue up 382% year on year on firmer tungsten prices, while Sangdong produced its first concentrate, according to TradingView.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
Almonty Industries (ALM) reported third-quarter revenue up 382% year on year, as tungsten prices firmed, according to TradingView.
The Sangdong mine produced its first concentrate. Net income was lifted by large non-cash revaluation gains, and cash reached C$1.15 billion.
why it matters
For markets, the key points are firmer tungsten pricing and the start of concentrate output at Sangdong, which adds production to the company's operations. Revaluation gains inflate net income, so investors often focus on revenue and cash instead.
market impact
ALM: revenue growth and the start of Sangdong output support interest in the shares
- ALM shares pressure up — revenue growth and the start of concentrate output strengthen the company's results
tags
instruments
sources
- ALM: Higher tungsten prices lifted revenue as Sangdong began producing concentrate — TradingView, 12 November 2026 at 21:33 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗