Almonty Industries stock jumps in New York as tungsten supply anxiety keeps building
Almonty Industries shares rose about 6% to $11.79 Monday after an SEC filing revealed a 2026 tungsten delivery contract tied to its Panasqueira mine in Portugal. Trading volume topped 8.8 million. The move comes as U.S. defense rules and Chinese export limits push investors to seek non-Chinese tungsten sources. Most contract pricing and volumes remain undisclosed.