Almonty expands Sangdong tungsten offtake deal with Global Tungsten & Powders to US$490 million annual revenue at current APT prices

American Integrity Insurance Group, Inc.

American Integrity Insurance Group, Inc.

AII

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  • Almonty amended its Sangdong Phase I tungsten concentrate offtake with Global Tungsten & Powders, extending the term to 21 years from first delivery.
  • Total contracted volume rose 40% to 4,410,000 MTU, with minimum annual volumes of 210,000 MTU following ramp-up.
  • Pricing increases expected revenue per MTU by 6.3%, lifting expected annual contract revenue at current APT pricing to USD 490 million.
  • About 90% of Phase I production is covered; the agreement excludes the planned Phase II expansion.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Almonty Industries Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202607140730BIZWIRE_USPR_____20260714_BW866567) on July 14, 2026, and is solely responsible for the information contained therein.

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