ALM
Almonty IndustriesยทNASDAQ
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About ALM
Almonty Industries Inc.
Leading producer of tungsten concentrate
100 King Steet West, Suite 5700, Toronto, ON, M5X 1C7
Mining and Exploration
Almonty Industries Inc., was incorporated in Ontario on September 28, 2009. The company is a leading producer of tungsten concentrates, mainly used in the defense industry, and plans to vertically integrate into oxide production, where they hold additional molybdenum deposits. Tungsten's extreme hardness, density and high melting point make it the key to armor-piercing ammunition, armor shielding for military vehicles, missile components, radiation shielding and hypersonic weapons. Almonty's goal is to build a secure, Western-focused tungsten and molybdenum supply chain that can replace dependence on China and meet the growing demands of the Western defense industry.
Company Financials
Revenue & Expenses
ALM has released its 2025 Q3 earnings report, with revenue of 6.24M, reflecting a YoY change of 24.16%, and net profit of 23.83M, showing a YoY change of 705.37%. The Sankey diagram below clearly presents ALM's revenue sources and cost distribution.
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