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. 

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