- Almonty Industries Inc. (TSX: AII) has been added to the S&P/TSX Global Mining Index, enhancing its global profile.
- The inclusion signifies Almonty's strategic advancement as a major tungsten concentrate producer.
- The company's ongoing projects in South Korea, Portugal, and Spain highlight its global operational presence.
Almonty Industries Inc. (TSX: AII, ASX: AII, OTCQX: ALMTF, Frankfurt: ALI), a prominent player in the tungsten concentrate market, has been officially incorporated into the S&P/TSX Global Mining Index as of June 23, 2025. This move reflects the company's expanding influence in the global mining industry, particularly within the tungsten sector, amid escalating geopolitical events.
The S&P/TSX Global Mining Index serves as a benchmark for globally traded mining enterprises, encompassing a diverse array of producers and developers in the precious, base, and specialty metals markets. Almonty's inclusion is a testament to its growing stature and its strategic alignment as a key supplier of tungsten for defense purposes to the U.S and allied nations.
Lewis Black, President and CEO of Almonty, expressed pride in this achievement, reinforcing the company's commitment to creating long-term value for shareholders. Almonty remains focused on advancing its Sangdong project in South Korea, a site recognized historically as one of the largest tungsten mines globally, boasting significant potential for molybdenum discovery.
Beyond South Korea, Almonty continues to operate and develop projects in Portugal and Spain, including the Panasqueira mine and the Valtreixal and Los Santos projects, respectively. These initiatives underscore Almonty's dedication to maintaining a robust and diversified portfolio across conflict-free regions.
For further insights into the company's activities and developments, stakeholders and interested parties are encouraged to explore more via Almonty's official platforms.