Almonty Industries Reports Q3 2026 Financial Results and Sangdong Mine Production

Almonty Industries reported Q3 2026 revenue of C$41.9 million, up from C$8.7 million a year earlier, and net income of C$50.2 million versus C$33.2 million; adjusted EBITDA was C$14.6 million. The company said its Sangdong mine in South Korea produced tungsten concentrate for the first time in September. Almonty launched a buyback program for up to 14.4 million shares and repurchased 2.9 million during the quarter. Cash stood at C$1.15 billion at September 30, following a US$800 million notes offering.