Almonty Industries shares are trading higher after the company announced a long-term tungsten concentrate supply agreement with Sandvik’s Wolfram Bergbau for retreatment of existing mine tailings.

Almonty Industries (Ticker: ALM) shares have increased by 106.19%, trading at $2.325, following the announcement of a long-term tungsten concentrate supply agreement with Sandvik’s Wolfram Bergbau. This agreement involves the retreatment of existing mine tailings, which is expected to enhance the company's operational capabilities.