Almonty Industries Reports Strong Q1 2026 Revenue and EBITDA, Expands Tungsten Mine Production

Published: May 29, 2026 14:38

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[SMM Tungsten Express] Almonty Industries reported Q1 2026 revenue of CA 25.4million, up 2219.7 million and adjusted EBITDA of CA$6.1 million, marking a financial inflection point. The company's Sangdong tungsten mine in South Korea held its commissioning ceremony in March, with Phase 1 producing ~2,300 tonnes of tungsten concentrate annually, expected to double upon Phase 2 completion in 2027.

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