Almonty Industries Inc. filings document foreign private issuer current reports, governance materials, mine-development disclosures, financing arrangements, and operating results for a tungsten producer. Recent Form 6-K filings include press releases on Sangdong commissioning, annual and full-year financial results, shareholder communications, corporate headquarters relocation, and finance leadership changes.
The filing record also includes annual meeting materials covering common-shareholder voting, director elections, auditor matters, audited financial statements, and proxy procedures. Other exhibits disclose amendments to a senior secured term loan facility involving Almonty Korea Tungsten Corp. and a long-term contract involving Beralt Tin and Wolfram (Portugal) S.A., connecting the company’s SEC disclosures to its mining assets, offtake arrangements, debt structure, governance, and capital-market status.
Almonty Industries Inc. (ALM) announced a 2026 Investor Day by live webcast for October 19, 2026, at 9:00 a.m. Eastern time. Management plans to present an overview of the global tungsten market and pricing, provide mine-by-mine operational updates, and discuss how the balance sheet supports its next phase of growth. A replay will be available at the webcast link.
Chairman and Chief Executive Officer Lewis Black said Sangdong is now commercially operational, Phase II is officially moving forward, and short-cycle supply programs have been added at Los Santos and Rwanda. He also described the event as taking place ahead of U.S. defense procurement rules that, beginning January 1, 2027, will look back to where the ore was mined.
Almonty Industries Inc. (ALM) appointed PricewaterhouseCoopers LLP (PwC) as its independent auditor after Zeifmans LLP’s resignation, effective September 29, 2026. PwC is to hold office until the company’s next annual general meeting of shareholders.
Almonty said the change was not prompted by disagreements over accounting, financial-statement disclosure, or audit scope or procedures. The notice also reported no reportable events, including disagreements, consultations, or unresolved issues. Zeifmans’ reports on audits of Almonty’s consolidated financial statements for the fiscal years ended December 31, 2025 and December 31, 2024 had not expressed a modified opinion.
Almonty Industries Inc. (ALM) reported first tungsten concentrate production at Sangdong in 33 years, with the first bags ready for export. The site has a stockpile of approximately 4.6 months of material.
Underground development for Sangdong Phase II is underway, and Almonty is placing equipment orders with Metso. Completion is expected in 2027, with capacity expected to reach up to 1.2 million tonnes per annum and potential production of over 460,000 MTU annually. Almonty reported repurchasing 2,914,739 common shares for cancellation for approximately US$48 million. It intends to implement an automatic repurchase plan allowing its broker to buy shares under pre-set instructions, including during blackout periods; the program may be suspended or discontinued.
At Spain’s Los Santos mine, Almonty signed a multi-year take-or-pay offtake agreement covering at least approximately 1,720 tonnes of contained WO₃ recoverable from tailings. In Rwanda, it formed a joint venture with the government, which will hold a 25% position in exchange for contributing the Shyorongi tungsten exploration concession and a mineral processing license.
Almonty Industries Inc. (ALM) reports that its Sangdong Mine processing plant and crushing facilities in South Korea have received final mining facility inspection certificates dated September 17, 2026, authorizing commercial operation and sales of tungsten concentrate. This marks Phase I’s transition from construction and commissioning to commercial production.
The company states that concentrate from Sangdong is already substantially contracted under an amended long-term offtake agreement with Global Tungsten & Powders LLC, now covering 4,410,000 MTU of tungsten concentrate over 21 years, with minimum contracted volumes of 210,000 MTU per year after ramp-up, representing more than 90% of Phase I production. Almonty highlights Sangdong’s role as a non-China, conflict-free source of tungsten at a time of high prices, tighter Chinese controls, and upcoming U.S. defense procurement rules that look back to ore origin.
Almonty Industries Inc. (ALM) entered into a long-term tungsten concentrate supply agreement with Wolfram Bergbau und Hütten AG, a Sandvik Group subsidiary, for the retreatment of existing tailings at the Los Santos Mine in Spain. The multi‑year, take‑or‑pay agreement covers a minimum of approximately 1,720 tonnes of contained WO₃ and includes a conditional, one‑time US$3.0 million payment for offtake rights. The deal is structured in anticipation of restarting production at Los Santos, which has been in planned care and maintenance since February 2020, and is intended to provide a committed route to market and customer capital to help reinstate the processing plant. For WBH, the agreement secures a documented non‑Chinese, European Union origin feed source ahead of January 1, 2027 changes to U.S. defense procurement rules that restrict specified tungsten materials from certain countries.
Almonty Industries Inc. (ALM) announced a binding strategic partnership with the Government of Rwanda, creating Almonty Rwanda Pty Ltd, in which Almonty will hold 75% and the Government of Rwanda will hold 25%. The government’s equity is contributed through the Shyorongi tungsten exploration concession and a mineral processing license, combining greenfield exploration with near-term sourcing from Rwanda’s existing small-scale producers.
The venture plans to acquire ore, pre-concentrate and panning tailings from Rwandan mining license holders, initially exporting this material and operating a mobile tailings processing unit near existing tailings dams while a centralized collection and processing plant in Rwanda is designed. The partnership is framed as the first stage of a broader investment and development framework with Rwanda and is aligned with the 2025 U.S.-Rwanda Framework for Shared Economic Prosperity and upcoming U.S. defense procurement rules effective January 1, 2027 that heighten traceability requirements for tungsten origin.
Almonty Industries Inc. announced Board approval of a new 2026 share repurchase program authorizing the company to buy back up to 14,400,000 common shares, described as approximately five percent of its outstanding shares as of August 14, 2026. The program allows purchases for an aggregate amount of up to US$300,000,000 over a 36‑month period from August 24, 2026 to August 24, 2029. Repurchases may be made on the open market through Nasdaq and alternative trading systems at market prices, or by other methods permitted under Canadian and U.S. securities laws, including the Rule 10b‑18 safe harbor. Almonty may also use Rule 10b5‑1 automatic share purchase plans to permit repurchases during blackout periods. The company states that the program is intended to address a perceived disconnect between its share price and the value of its tungsten assets and growth prospects, particularly as the Sangdong mine advances toward full capacity, and notes that the program can be amended, suspended, or discontinued at any time.
Almonty Industries reported a sharp turnaround in the quarter ended June 30, 2026, as soaring tungsten prices and initial Sangdong contribution drove results. Revenue rose 498% year-over-year to $43.0 million from $7.2 million and increased 69% sequentially. Income from mining operations was $26.1 million versus a loss in the prior-year quarter, with total cost of sales at 39.3% of revenue and a gross margin of 60.7%.
Net income reached $181.8 million (diluted EPS $0.62) compared with a loss of $58.2 million, but this included $173.1 million of net non-cash gains from revaluing derivative and warrant instruments tied to convertible securities and capped calls. Adjusted EBITDA was $17.6 million versus negative $4.8 million, highlighting stronger underlying operations.
Operating cash flow for the first half was $31.6 million compared with a use of $14.9 million a year earlier. Cash increased to $1.23 billion from $268.4 million, primarily from an oversubscribed US$800 million 2.25% convertible senior notes issuance due 2031. Phase I of the Sangdong Mine remains in commissioning, and an amended offtake with GTP extends term by six years, increases contracted volumes by 40%, and improves pricing by about 6.3%.
FMR LLC filed an amended ownership report for Almonty Industries Inc. common stock. FMR LLC reported that it and its controlled entities beneficially owned 31,755,694 shares, representing 11.1% of Almonty’s outstanding common stock, with sole dispositive power over all reported shares.
Abigail P. Johnson was also reported as beneficially owning 31,755,694 shares with sole dispositive power. Within this total, Fidelity Tactical High Income Fund held 16,194,272 shares, or 5.7% of Almonty’s outstanding common stock as of July 31, 2026.