Almonty Industries stock pre-market at EUR 11.68: plus 0.52 percent
Published on 09/30/2026 at 08:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Almonty Industries stock was at EUR 11.68 pre-market on September 30, 2026, at 8:26 a.m. CEST, according to Lang & Schwarz. That was a plus 0.52 percent change versus the Lang & Schwarz prior close of EUR 11.62.
Sangdong reaches first concentrate production
In a shareholder letter issued September 29, Almonty Industries said it had produced the first bags of tungsten concentrate at its Sangdong mine in South Korea, with the material ready for export. The company said the mill was running 13 hours a day, seven days a week, with an increase to continuous operation planned over the following days. Business Wire carried the company announcement.
Phase II expansion underway
Almonty also said underground development for Sangdong Phase II was progressing and that it was placing orders with Metso for expansion equipment, including new mills. The company expects Phase II to be completed in 2027 and said the expansion could increase capacity to up to 1.2 million tonnes per year and potentially support production of more than 460,000 metric tonne units of tungsten annually. Business Wire reported the statements from Almonty.
