A decisive strategic move into the United States is generating significant positive momentum for Almonty Industries. The company’s newly secured direct access to the North American market has prompted an immediate reassessment of its prospects. As global investors navigate uncertain economic conditions, Almonty is delivering concrete developments. The central question for the market is whether this marks the beginning of a sustained upward trend or a temporary surge.
Analyst Confidence Reaches New Heights
The market’s response to this fundamental shift in Almonty’s business model was swift and decisive. Sphene Capital has substantially revised its valuation of the company, forcefully reiterating its “Buy” recommendation.
The firm’s price target has been elevated from 8.40 CAD to a notable 13.50 CAD. This significant upward adjustment reflects a markedly improved risk profile, anchored now within a top-tier jurisdiction. Analysts are recognizing the strengthened confidence in management’s execution strategy and the substantial revenue potential emanating from the new US operations.
Securing a Foothold in the American Market
The catalyst for this renewed investor optimism is the complete acquisition of the “Gentung Browns Lake” tungsten project, located in Montana, USA. By securing 100% ownership of this strategic asset, Almonty is transforming from an observer into a key supplier within the United States.
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This is not a plan based on vague intentions but a project with a defined schedule: the commencement of production is firmly scheduled for the second half of 2026. With a projected annual output of approximately 140,000 MTU of tungsten trioxide, the company is effectively diversifying its operational base, which was previously reliant on Portugal and South Korea, and embedding itself deeply into the US supply chain for critical minerals.
Key Developments at a Glance
- Strategic Acquisition: Full 100% control of the Montana project secured.
- Production Timeline: Operations set to begin in H2 2026.
- Projected Output: Planned annual capacity of 140,000 MTU WO3.
- Revised Target: Sphene Capital raises its price objective to 13.50 CAD.
- Trading Activity: Stock surged by 7.34%.
Market Responds with Bullish Sentiment
The market immediately rewarded the news with substantial gains. On the Toronto Stock Exchange (TSX), Almonty shares climbed 7.34% to 8.48 CAD in the last session, accompanied by heightened trading volume.
What does this mean for the stock’s trajectory? While technical indicators suggest continued volatility, the overall bias appears decidedly positive. The price zone around 8.40 CAD has solidified as a key support level, with the stock now testing nearer-term resistance thresholds. Tungsten’s critical role in defense and industrial applications cannot be overstated; with a presence in Montana, Almonty is directly serving national security interests, potentially paving the way for further governmental support.
The powerful combination of a concrete expansion blueprint and robust analyst endorsement positions Almonty as a formidable contender in the critical minerals sector. Investor focus now shifts to the precise execution of the Montana project and the ramp-up of the Sangdong mine. The coming months are poised to be pivotal for the company’s growth narrative.
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