Has entered into an amendment to its long-term offtake agreement with Global Tungsten & Powders LLC, a member of Austria’s Plansee Group, covering tungsten concentrate produced from Phase I of the Company’s Sangdong Mine in South Korea. The Amendment extends the term of the Agreement by six years, increases total contracted volumes by 40% and improves the pricing payable to Almonty on all contracted volumes by approximately 6.3%. Almonty Industries Inc. shares T.AII are trading up $1.22 at $22.46.

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