Tungsten Supply Shift: Almonty's 326% Rally Signals De-Risking
For supply chain and procurement leaders, Almonty Industries' Sangdong mine production ramp introduces a meaningful non-Chinese tungsten source at a time of tightening critical mineral supply. The stock's 326% rally reflects market pricing of that strategic value, though a roughly 65x earnings multiple leaves little room for execution setbacks. This briefing breaks down what the ramp means for supplier diversification, cost stability, and Western manufacturing resilience.
Source: The Motley Fool · Rick Orford