Global tungsten producer Almonty Industries moves home base to US
Geopolitics · Mining.com ·
Almonty Industries, the world's largest tungsten producer outside China, has relocated its corporate headquarters from Toronto, Canada to Dillon, Montana. The move reflects the company's strategic commitment to becoming the leading US-aligned tungsten supplier, following its July 2025 Nasdaq listing and acquisition of the Gentung tungsten project in Montana, which is expected to resume production this year. The relocation underscores the growing importance of domestic tungsten supply as the US seeks to reduce dependence on Chinese-controlled critical mineral sources.