home All News open_in_new Full Article

Almonty Industries Reports Fiscal Year 2024 Financial Results

TORONTO — Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI), a leading global producer of tungsten concentrate, today announced its fiscal year 2024 financial results. Financial Summary: Unless otherwise indicated, all figures are expressed in Canadian dollars. Fiscal Year Ended Jan. 31, CAD$ in millions […]



Almonty Industries (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) reported its fiscal year 2024 financial results, showing a 28% increase in revenue to $28.8 million and an 81.8% increase in income from mining operations to $2.0 million. The company obtained shareholder approval for a proposed domestication to the United States, secured a partnership with American Defense International, and engaged MZ Group for investor relations. Net loss for the year totaled $16.3 million, primarily due to non-cash unrealized foreign exchange losses and changes in valuation of liabilities.

today 6 h. ago attach_file Other

attach_file Other
attach_file Other
attach_file Economics
attach_file Culture
attach_file Culture
attach_file Other
attach_file Economics
attach_file Culture
attach_file Culture
attach_file Culture
attach_file Culture
attach_file Economics


ID: 1155839171
Add Watch Country

arrow_drop_down