Almonty Industries Set for Inclusion in Russell 1000 and 3000 Indices
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Source: seekingalpha
- Index Inclusion Anticipation: Almonty Industries (ALM) is expected to join the Russell 1000 and 3000 indices following the 2026 reconstitution, as indicated by FTSE Russell's preliminary additions list published on May 22, 2026, reflecting an increase in the company's market recognition.
- Effective Date Schedule: The company's index inclusion is set to take effect at the market open on June 29, 2026, which will provide new investment opportunities for investors and potentially enhance the company's market liquidity and visibility.
- Style Index Expansion: Almonty is also expected to be added to relevant Russell growth and value style indices, which not only helps attract more institutional investors but may also improve its stock's long-term performance and market positioning.
- Financial Performance Overview: Almonty Industries recently reported a GAAP EPS of -$0.02, missing expectations by $0.03, while its revenue of $25.4 million exceeded expectations by $7.46 million, indicating the company's potential for revenue growth despite ongoing profitability challenges.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ALM?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on ALM
Wall Street analysts forecast ALM stock price to fall
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 20.700
Low
12.00
Averages
12.00
High
12.00
Current: 20.700
Low
12.00
Averages
12.00
High
12.00
About ALM
Almonty Industries Inc. is a diversified and global producer of tungsten concentrate. The Company is engaged in mining, processing and shipping tungsten concentrate from its Panasqueira Mine in Portugal. It also has a significant molybdenum resource on a separate property adjacent to the tungsten orebody at the Sangdong Mine. Its additional development projects include the Valtreixal Project in northwestern Spain and Los Santos Mine in western Spain. The Panasqueira Mine is located in Covilha, Castelo Branco, Portugal. The Sangdong Mine is located at Sangdong in the south-eastern Korean Peninsula, approximately 170 km east-southeast of Seoul, South Korea. The Valtreixal Mine is a potential open pit operation, and is located in the northwest part of the Zamora province, in the Castilla de Leon region of Spain. It also operates Woulfe, whose properties are located in Gangwon Province, Republic of Korea, and whose operations relate primarily to the development of the Sangdong Project.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Almonty Industries Set for Inclusion in Russell 1000 and 3000 Indices
- Index Inclusion Anticipation: Almonty Industries (ALM) is expected to join the Russell 1000 and 3000 indices following the 2026 reconstitution, as indicated by FTSE Russell's preliminary additions list published on May 22, 2026, reflecting an increase in the company's market recognition.
- Effective Date Schedule: The company's index inclusion is set to take effect at the market open on June 29, 2026, which will provide new investment opportunities for investors and potentially enhance the company's market liquidity and visibility.
- Style Index Expansion: Almonty is also expected to be added to relevant Russell growth and value style indices, which not only helps attract more institutional investors but may also improve its stock's long-term performance and market positioning.
- Financial Performance Overview: Almonty Industries recently reported a GAAP EPS of -$0.02, missing expectations by $0.03, while its revenue of $25.4 million exceeded expectations by $7.46 million, indicating the company's potential for revenue growth despite ongoing profitability challenges.
See More
Almonty Industries Set to Join Russell Indexes in 2026
- Russell Index Inclusion: Almonty Industries announced its upcoming inclusion in the Large-Cap Russell 1000® and Broad-Market Russell 3000® indexes in 2026, reflecting significant market capitalization growth and expected to enhance visibility among institutional investors.
- Market Impact: The Russell indexes encompass approximately 4,000 of the largest U.S. stocks, with Almonty's membership becoming effective on June 29, 2026, further solidifying its core position in the Western tungsten supply chain and enhancing future investment appeal.
- Strategic Development: CEO Lewis Black stated that with the Sangdong Mine coming online and the corporate headquarters relocating to the U.S., Almonty's operational and financial progress will support its long-term strategic vision, likely attracting more shareholders.
- Industry Context: Tungsten, as a critical strategic metal, is increasingly highlighted due to geopolitical tensions, with Almonty's role in global non-China tungsten production becoming more significant, especially in light of recent U.S. defense procurement bans and Chinese export restrictions.
See More
GoldHaven Resources Drives Tungsten Supply Rebuilding Efforts
- Surging Tungsten Prices: Since China added tungsten products to its export control list in February 2025, ammonium paratungstate (APT) prices have surged 557%, pushing European benchmark prices toward $2,250 per metric ton by March 2026, prompting Western governments to accelerate the search for non-Chinese tungsten supply sources.
- Enhanced Policy Support: Canada's Bill C-15, which received Royal Assent on March 26, 2026, includes tungsten under a 30% Critical Mineral Exploration Tax Credit, applicable to flow-through agreements made between November 4, 2025, and March 31, 2027, further stimulating investment in tungsten resources.
- Magno Project Potential: GoldHaven's Magno Project in British Columbia has identified multiple tungsten-bearing targets, with 2025 surface sampling returning values up to 6,550 ppm tungsten, indicating the project's strategic importance in critical minerals.
- Growing Market Demand: As global demand for tungsten and other critical minerals rises, GoldHaven's Magno Project is viewed as a potential solution to meet Western market needs, with a drilling program planned for 2026 expected to further validate its economic potential.
See More
GoldHaven Resources Drives Tungsten Supply Rebuilding Efforts
- Surging Tungsten Prices: Since China added tungsten products to its export control list in February 2025, ammonium paratungstate (APT) prices have surged by 557%, with European benchmark prices expected to reach $2,250 per metric ton by March 2026, prompting Western governments to accelerate the search for non-Chinese tungsten supply sources.
- Enhanced Policy Support: Canada's Bill C-15, which received Royal Assent on March 26, 2026, includes tungsten in the 30% Critical Mineral Exploration Tax Credit, applicable to flow-through agreements made between November 4, 2025, and March 31, 2027, further stimulating capital inflow into tungsten projects.
- Magno Project Potential: GoldHaven's Magno project in British Columbia has identified multiple tungsten-bearing targets, with 2025 surface sampling returning values up to 6,550 ppm tungsten, and drilling planned for 2026 aims to confirm historical data, enhancing the project's economic potential.
- Increased Market Attention: As the strategic importance of tungsten and other critical minerals rises, GoldHaven's Magno project is viewed as an ideal land package to meet Western buyers' needs, with drilling results over the next 12 months set to determine its market positioning.
See More
NevGold's Nevada Project Supports U.S. Critical Minerals Strategy
- Rich Mineral Resources: The Limousine Butte project in Nevada has reported consistent oxide antimony and gold mineralization in every drillhole, with antimony grades reaching 0.32%, highlighting its significance in the U.S. defense industry and the potential to establish a domestic antimony supply chain.
- Utilization of Historical Resources: The project capitalizes on a 35-year-old crushed ore pile, avoiding new mining's environmental impacts and demonstrating efficient resource reuse potential, aligning with U.S. critical mineral demands.
- Strong Financing Support: NevGold successfully increased its financing from C$25 million to C$42 million in April 2026, reflecting robust market demand and investor confidence, providing ample funding for project advancement.
- Clear Production Goals: NevGold aims to achieve antimony production by 2027, ahead of its industry peers, indicating a competitive edge in the critical minerals market and likely attracting increased investor interest.
See More
Nevada Mining Project Supports U.S. Critical Minerals Strategy
- Rich Mineral Resources: The Limousine Butte area in Nevada has shown consistent oxide antimony in every drillhole, with grades reaching up to 0.32% antimony, indicating significant strategic value for the U.S. defense industry.
- Rapid Production Potential: NevGold aims to achieve antimony production by 2027, leveraging existing historical leach pads to avoid environmental impacts and high costs associated with new mining, showcasing its unique advantage in the critical minerals supply chain.
- Strong Financing Support: NevGold successfully upsized its financing from C$25 million to C$42 million in April 2026, reflecting robust institutional demand and providing ample funding for project advancement.
- Rising Market Demand: With China's export ban on antimony to the U.S., NevGold's project aligns perfectly with the urgent domestic demand for critical minerals, likely attracting more investor attention and driving stock price increases.
See More
Almonty Industries Set for Inclusion in Russell 1000 and 3000 Indices
- Index Inclusion Anticipation: Almonty Industries (ALM) is expected to join the Russell 1000 and 3000 indices following the 2026 reconstitution, as indicated by FTSE Russell's preliminary additions list published on May 22, 2026, reflecting an increase in the company's market recognition.
- Effective Date Schedule: The company's index inclusion is set to take effect at the market open on June 29, 2026, which will provide new investment opportunities for investors and potentially enhance the company's market liquidity and visibility.
- Style Index Expansion: Almonty is also expected to be added to relevant Russell growth and value style indices, which not only helps attract more institutional investors but may also improve its stock's long-term performance and market positioning.
- Financial Performance Overview: Almonty Industries recently reported a GAAP EPS of -$0.02, missing expectations by $0.03, while its revenue of $25.4 million exceeded expectations by $7.46 million, indicating the company's potential for revenue growth despite ongoing profitability challenges.
See More
Almonty Industries Set to Join Russell Indexes in 2026
- Russell Index Inclusion: Almonty Industries announced its upcoming inclusion in the Large-Cap Russell 1000® and Broad-Market Russell 3000® indexes in 2026, reflecting significant market capitalization growth and expected to enhance visibility among institutional investors.
- Market Impact: The Russell indexes encompass approximately 4,000 of the largest U.S. stocks, with Almonty's membership becoming effective on June 29, 2026, further solidifying its core position in the Western tungsten supply chain and enhancing future investment appeal.
- Strategic Development: CEO Lewis Black stated that with the Sangdong Mine coming online and the corporate headquarters relocating to the U.S., Almonty's operational and financial progress will support its long-term strategic vision, likely attracting more shareholders.
- Industry Context: Tungsten, as a critical strategic metal, is increasingly highlighted due to geopolitical tensions, with Almonty's role in global non-China tungsten production becoming more significant, especially in light of recent U.S. defense procurement bans and Chinese export restrictions.
See More
GoldHaven Resources Drives Tungsten Supply Rebuilding Efforts
- Surging Tungsten Prices: Since China added tungsten products to its export control list in February 2025, ammonium paratungstate (APT) prices have surged 557%, pushing European benchmark prices toward $2,250 per metric ton by March 2026, prompting Western governments to accelerate the search for non-Chinese tungsten supply sources.
- Enhanced Policy Support: Canada's Bill C-15, which received Royal Assent on March 26, 2026, includes tungsten under a 30% Critical Mineral Exploration Tax Credit, applicable to flow-through agreements made between November 4, 2025, and March 31, 2027, further stimulating investment in tungsten resources.
- Magno Project Potential: GoldHaven's Magno Project in British Columbia has identified multiple tungsten-bearing targets, with 2025 surface sampling returning values up to 6,550 ppm tungsten, indicating the project's strategic importance in critical minerals.
- Growing Market Demand: As global demand for tungsten and other critical minerals rises, GoldHaven's Magno Project is viewed as a potential solution to meet Western market needs, with a drilling program planned for 2026 expected to further validate its economic potential.
See More
GoldHaven Resources Drives Tungsten Supply Rebuilding Efforts
- Surging Tungsten Prices: Since China added tungsten products to its export control list in February 2025, ammonium paratungstate (APT) prices have surged by 557%, with European benchmark prices expected to reach $2,250 per metric ton by March 2026, prompting Western governments to accelerate the search for non-Chinese tungsten supply sources.
- Enhanced Policy Support: Canada's Bill C-15, which received Royal Assent on March 26, 2026, includes tungsten in the 30% Critical Mineral Exploration Tax Credit, applicable to flow-through agreements made between November 4, 2025, and March 31, 2027, further stimulating capital inflow into tungsten projects.
- Magno Project Potential: GoldHaven's Magno project in British Columbia has identified multiple tungsten-bearing targets, with 2025 surface sampling returning values up to 6,550 ppm tungsten, and drilling planned for 2026 aims to confirm historical data, enhancing the project's economic potential.
- Increased Market Attention: As the strategic importance of tungsten and other critical minerals rises, GoldHaven's Magno project is viewed as an ideal land package to meet Western buyers' needs, with drilling results over the next 12 months set to determine its market positioning.
See More
NevGold's Nevada Project Supports U.S. Critical Minerals Strategy
- Rich Mineral Resources: The Limousine Butte project in Nevada has reported consistent oxide antimony and gold mineralization in every drillhole, with antimony grades reaching 0.32%, highlighting its significance in the U.S. defense industry and the potential to establish a domestic antimony supply chain.
- Utilization of Historical Resources: The project capitalizes on a 35-year-old crushed ore pile, avoiding new mining's environmental impacts and demonstrating efficient resource reuse potential, aligning with U.S. critical mineral demands.
- Strong Financing Support: NevGold successfully increased its financing from C$25 million to C$42 million in April 2026, reflecting robust market demand and investor confidence, providing ample funding for project advancement.
- Clear Production Goals: NevGold aims to achieve antimony production by 2027, ahead of its industry peers, indicating a competitive edge in the critical minerals market and likely attracting increased investor interest.
See More
Nevada Mining Project Supports U.S. Critical Minerals Strategy
- Rich Mineral Resources: The Limousine Butte area in Nevada has shown consistent oxide antimony in every drillhole, with grades reaching up to 0.32% antimony, indicating significant strategic value for the U.S. defense industry.
- Rapid Production Potential: NevGold aims to achieve antimony production by 2027, leveraging existing historical leach pads to avoid environmental impacts and high costs associated with new mining, showcasing its unique advantage in the critical minerals supply chain.
- Strong Financing Support: NevGold successfully upsized its financing from C$25 million to C$42 million in April 2026, reflecting robust institutional demand and providing ample funding for project advancement.
- Rising Market Demand: With China's export ban on antimony to the U.S., NevGold's project aligns perfectly with the urgent domestic demand for critical minerals, likely attracting more investor attention and driving stock price increases.
See More
