Almonty Industries Inc. (NASDAQ:ALM) saw its share prices surge by 840.13 percent in 2025, driven by its expansion into tungsten production. The company acquired mining sites in the US and South Korea to boost its portfolio. Commercial operations are set to begin at the Sangdong Tungsten Mine in South Korea, with other projects underway in Montana and Portugal.

Almonty Industries Inc. (NASDAQ:ALM) recently announced the start of commercial operations at the Sangdong Tungsten Mine in South Korea. The company acquired the mine in 2015 and has been working to resume production. Additionally, Almonty Industries is expanding its operations in Montana and Portugal, with drilling operations underway.

Investors are eyeing Almonty Industries Inc. (NASDAQ:ALM) for its growth potential, but some suggest that other AI stocks may offer better returns with lower risk. The company’s aggressive expansion into tungsten production has fueled its success, attracting investors looking for opportunities in the market. For more investment ideas, check out our reports on short-term AI stocks and stocks expected to double in the next three years.

Read more at Yahoo Finance: Almonty Industries Soars 840% in 2025 on Aggressive Tungsten Expansion