Almonty Industries Reports First Quarter 2026 Financial Results
Revenue Increases 221% Year-Over-Year to $25.4 Million, Driven by Record Tungsten Pricing
Adjusted EBITDA(1) of $6.1 Million Compared to ($2.4) Million in Q1 2025
Almonty Industries Inc. ("Almonty" or the "Company") (NASDAQ:ALM, TSX:AII, ASX: AII, Frankfurt: ALI1)), a leading global producer of tungsten concentrate, today announced its financial results for the three months ended March 31, 2026.
Financial Summary:
Key First Quarter 2026 & Subsequent Operational Highlights
On March 17, 2026, Almonty hosted a formal commissioning ceremony at its Sangdong tungsten mine (the "Sangdong Mine") in Gangwon Province, South Korea, marking the completion of development and the transition of