Almonty Industries (ALM) — Strategic Tungsten LeaderAlmonty Industries Inc.TSX_DLY:AIIRichtv_officialAlmonty Industries Inc. ALM is a leading tungsten producer focused on high-grade mining assets, including the Sangdong Mine in South Korea and the producing Panasqueira Mine in Portugal. The company is becoming an increasingly important supplier of strategic minerals outside China. Key Catalysts: Critical minerals demand: Tungsten is an essential material used across defense, semiconductors, aerospace, advanced manufacturing, industrial tooling, and next-generation technologies, positioning Almonty to benefit from long-term structural demand. Sangdong Mine transformation: With Sangdong returning to production after more than three decades, Almonty is establishing itself as one of the world's leading non-Chinese tungsten suppliers. Global supply chain importance: Following Phase 1 production and the planned Phase 2 expansion, Sangdong has the potential to supply approximately 40% of global tungsten demand outside China, strengthening Western critical mineral supply chains. Diversified production portfolio: Existing production from the Panasqueira Mine and future development opportunities at the Gentung / Browns Lake project in Montana provide additional growth and geographic diversification. Geopolitical tailwinds: Governments and industries are increasingly prioritizing critical mineral security, defense readiness, and supply chain diversification, creating a favorable long-term environment for strategic tungsten producers. Investment Outlook: Bullish above: $13.00–$14.00 Upside target: $33.00–$34.00 Supported by critical mineral demand, expanding production capacity, and strategic non-Chinese tungsten supply, Almonty is well positioned to benefit from the global reshaping of critical mineral supply chains. 📢 ALM — A strategic tungsten producer powering the future of defense, semiconductors, and advanced manufacturing.