🔴 Almonty Industries is trading 5.4% down today as investors lock in profits after a major offtake agreement extension

Almonty Industries is trading 5.4% down at $14.94 as investors lock in profits following a sharp two-session rally driven by news of an expanded long-term tungsten offtake agreement.

• The company extended its Sangdong offtake deal with Global Tungsten & Powders from 15 to 21 years, increasing contracted volume by 40% to 4.41 million MTUs.
• The revised agreement includes improved pricing terms, which initially sent shares higher on July 14, 2026, before the current retracement.