STOCK TITAN

Almonty (Nasdaq: ALM) shifts HQ to Montana, boosting U.S. tungsten role

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Almonty Industries Inc. has relocated its corporate headquarters from Toronto, Canada to Dillon, Montana in the United States. The move is presented as a strategic step to align more closely with U.S. defense and technology stakeholders and reinforce Western supply chains for tungsten.

The company highlights prior U.S. capital markets activity, including a US$90 million oversubscribed Nasdaq IPO in July 2025 and a US$129 million follow-on financing in December 2025, as well as the acquisition of the Gentung Tungsten Project in Montana, which is expected to restart production this year. Almonty also emphasizes U.S. defense ties through partnerships, participation in a Department of Defense-sponsored critical minerals forum, and former senior U.S. Army generals serving as directors.

Positive

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Oversubscribed IPO US$90 million Nasdaq IPO in July 2025
Follow-on financing US$129 million Follow-on financing in December 2025
critical materials financial
"supporting secure, transparent, and Western-aligned supply chains for critical materials"
Materials that are essential for making modern products—such as certain metals, minerals and chemical components used in batteries, electronics, energy and defense—whose supply is limited, concentrated or vulnerable to disruption. They matter to investors because shortages, price swings or policy changes around these inputs can raise costs, delay production and reshape profit outlooks for companies the way a grocery shortage affects a restaurant’s ability to operate.
Gentung Tungsten Project financial
"the acquisition of Montana’s Gentung Tungsten Project, expected to restart production this year"
Critical Minerals Forum financial
"participation in the Department of Defense-sponsored Critical Minerals Forum"
forward-looking statements regulatory
"This news release contains “forward-looking statements” and “forward-looking information”"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
annual information form regulatory
"the risks identified in the Company’s annual information form for the year ended December 31, 2025"
A company's annual information form is a comprehensive regulatory filing that lays out its business description, key assets, risks, legal matters and other background details shareholders need to understand the company’s operations. Think of it as a detailed owner’s manual or dossier that supplements financial statements, helping investors do deeper homework on how the business works and what could affect its future performance.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What did Almonty Industries (ALM) announce in this Form 6-K?

Almonty Industries announced it relocated its corporate headquarters from Toronto, Canada to Dillon, Montana. The company describes this move as reinforcing its role in U.S.-aligned tungsten supply chains serving defense and advanced technology industries, and aligning more closely with American stakeholders.

Why is Almonty Industries (ALM) moving its headquarters to Montana?

Almonty states the move reflects strategic alignment with the United States and support for secure, Western-aligned critical material supply chains. Montana is also home to its recently acquired Gentung Tungsten Project, and proximity to U.S. government agencies and defense contractors is highlighted as important.

What recent financings has Almonty Industries (ALM) completed?

Almonty notes a US$90 million oversubscribed Nasdaq IPO in July 2025 and a US$129 million follow-on financing in December 2025. These capital raises are referenced alongside the Gentung Tungsten Project acquisition and ongoing development of its tungsten portfolio in several countries.

What is the Gentung Tungsten Project mentioned by Almonty Industries?

The Gentung Tungsten Project is Almonty’s asset in Montana, acquired prior to this announcement. The company states the project is expected to restart production this year, supporting its strategy to build non-Chinese tungsten supply chains focused on U.S. and allied defense and industrial needs.

How is Almonty Industries (ALM) linked to U.S. defense priorities?

Almonty emphasizes tungsten’s use in armor, munitions, and electronics, and cites a strategic partnership with American Defense International, Inc. It also mentions participation in a Department of Defense-sponsored Critical Minerals Forum and congressional recognition related to critical mineral independence.

What role does the Sangdong Mine play in Almonty Industries’ strategy?

Almonty describes the Sangdong Mine in South Korea as a flagship asset and historically one of the largest, highest-grade tungsten deposits. It is expected to become a major contributor to global non-China tungsten supply once at full capacity, addressing supply vulnerabilities noted by U.S. policy actions.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

Form 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

 

For the month of April, 2026

 

Commission File Number: 001-42737

 

 

 

ALMONTY INDUSTRIES INC.

(Translation of registrant’s name into English)

 

8 South Idaho Street, Suite A

Dillon, Montana 59725 United States of America

(Address of principal executive offices)

 

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☐ Form 40-F ☒

 

 

 

 

 

 

DOCUMENTS FILED AS PART OF THIS FORM 6-K

 

Exhibit   Description
     
99.1   Press Release, dated April 13, 2026


 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  ALMONTY INDUSTRIES INC.
   
Date: April 13, 2026  
  By: /s/ Brian Fox
  Name: Brian Fox
  Title: Chief Financial Officer

 

 

 

 

Exhibit 99.1

 

 

Almonty Industries Establishes U.S. Corporate Headquarters, Reinforcing Role as America’s Tungsten Supplier

 

TORONTO — April 13, 2026 — Almonty Industries Inc. (“Almonty” or the “Company”) (Nasdaq: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), a leading global producer of tungsten critical to U.S. defense and advanced technology industries, today announced the relocation of its corporate headquarters from Toronto, Ontario, Canada to Dillon, Montana, United States.

 

The relocation of its corporate headquarters reflects Almonty’s continued strategic alignment with the United States and its role in supporting secure, transparent, and Western-aligned supply chains for critical materials. The move positions the Company closer to key stakeholders, including U.S. government agencies, defense contractors and industrial partners, while reinforcing its commitment to becoming the leading U.S.-aligned tungsten producer.

 

The move follows Almonty’s Nasdaq listing and US$90 million oversubscribed IPO in July 2025, a US$129 million follow-on financing in December 2025, and the acquisition of Montana’s Gentung Tungsten Project, expected to restart production this year.

 

Almonty has also deepened its U.S. defense alignment through a strategic partnership with American Defense International, Inc., participation in the Department of Defense-sponsored Critical Minerals Forum, and congressional recognition for strengthening critical mineral independence.

 

Further underscoring its alignment with U.S. strategic priorities, Almonty has appointed former senior United States Army generals as directors, bringing defense and national security expertise to support the Company’s role in securing critical mineral supply chains. The Company continues to advance its strategy of strengthening non-Chinese tungsten supply chains amid increasing geopolitical focus on critical minerals security.

 

Management Commentary

 

Lewis Black, Chairman, President and Chief Executive Officer of Almonty, said: “Relocating our headquarters to the United States is not merely symbolic. It reflects who we are – as Montana is the location of our recently acquired Gentung Tungsten Project – and where our future lies. Our investors, customers, and strategic partners are here because they recognize the urgency of building a Western tungsten supply chain free from Chinese dependence. With Sangdong Phase 1 complete and Gentung on track to begin production, we are delivering on that mission, and a U.S. home base ensures we remain at the center of it.”

 

 
 

 

About Almonty

 

Almonty (Nasdaq: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1) is a leading supplier of conflict-free tungsten – a strategic metal critical to the defense and advanced technology sectors. As geopolitical tensions heighten, tungsten has become essential for armor, munitions, and electronics manufacturing. Almonty’s flagship Sangdong Mine in South Korea, historically one of the world’s largest and highest-grade tungsten deposits, is expected to be a major contributor to the global non-China tungsten supply chain upon reaching full capacity, directly addressing critical supply vulnerabilities highlighted by recent U.S. defense procurement bans and export restrictions by China. With established operations in Portugal and additional projects in the U.S. and Spain, Almonty is strategically aligned to meet rapidly rising demand from Western allies committed to supply-chain security and defense readiness. To learn more, please visit https://almonty.com.

 

Legal Notice

 

The release, publication, or distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this announcement is released, published, or distributed should inform themselves about and observe such restrictions.

 

Cautionary Note Regarding Forward-Looking Information

 

This news release contains “forward-looking statements” and “forward-looking information” within the meaning of applicable securities laws. All statements, other than statements of present or historical facts, are forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and assumptions and accordingly, actual results could differ materially from those expressed or implied in such statements. You are hence cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are typically identified by words such as “plan”, “development”, “growth”, “continued”, “intentions”, “expectations”, “emerging”, “evolving”, “strategy”, “opportunities”, “anticipated”, “trends”, “potential”, “outlook”, “ability”, “additional”, “on track”, “prospects”, “viability”, “estimated”, “reaches”, “enhancing”, “strengthen”, “target”, “believes”, “next steps” or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved.

 

Forward-looking statements in this news release include, but are not limited to, statements concerning the expected timing and capacity of commercial production at the Gentung Tungsten Project in Montana, the development of the Company’s other tungsten and molybdenum projects, and the expected impact of tungsten market trends and prices on the Company’s operations. Forward-looking statements are based upon certain assumptions and other important factors that, if untrue, could cause actual results to be materially different from future results expressed or implied by such statements. There can be no assurance that forward-looking statements will prove to be accurate.

 

 
 

 

Key assumptions upon which the Company’s forward-looking information is based include, without limitation, the expected timing and capacity of commercial production at the Gentung Tungsten Project in Montana, the development of the Company’s other tungsten and molybdenum projects, and the expected impact of tungsten market trends and prices on the Company’s operations. Forward-looking statements are also subject to risks and uncertainties facing the Company’s business, including, without limitation, the risks identified in the Company’s annual information form for the year ended December 31, 2025 dated March 18, 2026. Although Almonty has attempted to identify important factors that could cause actual results, level of activity, performance or achievements to differ materially from those contained in forward-looking statements, there may be other factors that could cause results, level of activity, performance or achievements not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, and even if events or results described in the forward-looking statements are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, Almonty. Accordingly, readers should not place undue reliance on forward-looking statements and are cautioned that actual outcomes may vary.

 

Investors are cautioned against attributing undue certainty to forward-looking statements. Almonty cautions that the foregoing list of material factors is not exhaustive. When relying on Almonty’s forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Almonty has also assumed that material factors will not cause any forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors.

 

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF ALMONTY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE ALMONTY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME, WHETHER AS A RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE, EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

 

Company Contact

 

Lewis Black

Chairman, President & CEO

(647) 438-9766

info@almonty.com

 

Investor Relations Contact

 

Lucas A. Zimmerman

Managing Director MZ Group - MZ North America

(949) 259-4987

ALM@mzgroup.us

www.mzgroup.us

 

 

Filing Exhibits & Attachments

2 documents