Whats going on with Almonty

Almonty Industries, trading under the ticker ALMT on the TSX and ASX, has recently made significant strides in its operations and market positioning. Here's a summary of the key developments: 1. **Inclusion in the S&P/TSX Global Mining Index**: Almonty's stock has been added to the S&P/TSX Global Mining Index, effective from June 23, 2025. This inclusion is a recognition of the company's growing profile in the global mining sector and its role as a leading supplier of tungsten. It reflects the increasing relevance of Almonty in the global mining landscape, particularly in the defense sector. 2. **Strategic Developments**: The company has been actively involved in strategic initiatives, including the acquisition of Sierramotion by Allient Inc. in 2023. This move has enhanced Almonty's engineering capabilities and its ability to cater to high-technology solutions, aligning with the growing demand for precision and specialty Motion, Controls and Power products. Overall, Almonty Industries is focusing on strengthening its market position through strategic acquisitions and operational enhancements, while benefiting from the increased visibility that comes with inclusion in the S&P/TSX Global Mining Index.