Almonty Industries: The King Of Ex-China Tungsten Just Reached An Inflection In Profitability, On The Eve Of Massive Growth

Laurentian Research Investing Group Leader Follow Summary Almonty Industries is positioned as the West’s leading vertically-integrated tungsten producer, capitalizing on China’s export ban and surging tungsten prices. ALM’s Sangdong mine, with industry-leading grade and low costs, is ramping up; Phase II and III expansions are fully financed, targeting >20% of ex-China tungsten demand. ALM’s 21-year offtake agreement, government support, C$1.2B cash reserve, and management experience de-risk execution and underpin aggressive multi-phase growth. With a projected 430% upside by 2030 and a recent pullback, Almonty offers a rare entry into a critical minerals national security play amid Cold War 2.0. Looking for more investing ideas like this one? Get them exclusively at The Natural Resources Hub. Learn More » KrimKate/iStock via Getty Images Tungsten has wide industrial, machinery, and defense applications thanks to its exceptional hardness (8-9 Mohs scale), high density (19.3 g/cm3), and high melting point (3,422 °C). China dominates global tungsten supply, controlling ~80% of tungsten mine production and 1/2 of the world's tungsten reserves. As part of its This article was written by Laurentian Research 13.26K Followers Follow Laurentian Research is a resource industry veteran with a Ph.D. in geoscience and decades of investment experience. He leads the investing group The Natural Resources Hub, with an aim of helping membes uncover undervalued opportunities in the energy and mining sectors with multi-bagger potential. He is also passionate about helping members find dividend growth opportunities from long-term growth industries. Members get weekly newsletters, proprietary in-depth analyses, trade alerts, model portfolios, private access to him, and a community of fellow investors to share investment ideas with. Learn more >> Members get weekly newsletters, proprietary in-depth analyses, trade alerts, model portfolios, private access to me, and a community of fellow investors to share investment ideas with. Learn more about The Natural Resources Hub today and start growing your wealth alongside Laurentian Research! Analyst’s Disclosure: I/we have a beneficial long position in the shares of UUUU either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.