Why should I invest in Almonty Industries (AXY) as it prepares for an upcoming Nasdaq listing?

**Almonty Industries (AXY) is a compelling investment opportunity as it prepares for an upcoming Nasdaq listing for several reasons:**

1. **Strategic Positioning in Critical Minerals**: Almonty is at the forefront of the global tungsten market, with its Sangdong Mine expected to supply over 80% of global non-China tungsten production at full capacity. The company's strategic redomiciling to the United States aligns with the U.S. Department of Defense's procurement regulations, which will restrict sourcing from China, Russia, and Iran by 2027. This positions Almonty as a key supplier of tungsten and molybdenum to Western markets, particularly in defense and technology sectors.
2. **Financial Strength and Growth Potential**: The company has recently completed a $90 million oversubscribed public offering, which will fund the development of its Sangdong tungsten oxide facility and expand its position as a leading Western supplier. This significant capital injection will support ongoing projects and strategic initiatives, enabling Almonty to capitalize on the rapidly expanding demand for secure, conflict-free tungsten.
3. **Market Demand and Price Increases**: Tungsten prices have risen by 25% in the past year amid geopolitical concerns and the need for diversified supply chains. As a reliable supplier, Almonty is well-positioned to benefit from this trend and maintain its market leadership.
4. **Institutional Interest and Nasdaq Listing**: The company's move to the Nasdaq exchange reflects its emerging status as America’s tungsten supplier and enhances its visibility to U.S. institutional investors. The listing has already generated substantial investor interest, as evidenced by the significant rise in share price following the announcement of the Nasdaq listing and capital raise.
5. **Long-Term Contracts and Revenue Stability**: Almonty has secured a 15-year supply contract with an unnamed defense contractor, providing long-term revenue stability and reducing demand risks.
6. **Operational Efficiency and Cost Advantages**: The company's Sangdong Mine is expected to have relatively low production costs, at around $110 per metric ton of tungsten. This cost advantage, combined with its planned vertically integrated operations, positions Almonty to maintain profitability and competitiveness in the market.

In conclusion, Almonty Industries' strategic positioning, financial strength, market demand, institutional interest, long-term contracts, and operational efficiency make it a strong investment candidate as it prepares for its upcoming Nasdaq listing.