Almonty Industries Partners with American Defense International

Almonty Industries Inc. has announced a strategic partnership with American Defense International (ADI), aimed at strengthening its position in the critical metals sector. ADI, known for its government relations expertise, represents over 100 organizations globally. This collaboration is expected to enhance Almonty’s market positioning, particularly within the U.S. defense and technology industries.

Sphene Capital GmbH maintains its "Buy" recommendation for Almonty Industries, with a target price of CAD 5.20. This valuation is based on a Discounted Cash Flow model that considers both current and future assets, including projects at Sangdong, Panasqueira, Los Santos, and the Valtreixal development.