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Almonty says US tungsten scrap export licensing targets sales to China, not domestic processing flows

PUBT·08/31/2026 07:19:44
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Almonty says US tungsten scrap export licensing targets sales to China, not domestic processing flows
  • Almonty outlined new US licensing that blocks exports of tungsten scrap for one year, keeping 100% of material domestic.
  • Management framed the move as closing a channel that diverted US scrap directly to China at a premium.
  • Commentary cited China’s tight export-licensing regime since February 2025, with only 28 t of APT exported in H1 2026.
  • Market update pegged APT CIF Rotterdam/Baltimore near USD 3,000/mtu WO3, with concentrate at USD 2,400-2,600.
  • Almonty reiterated a USD 300 million share repurchase plan over three years to offset just over 7% potential convertible dilution.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Almonty Industries Inc. published the original content used to generate this news brief on August 30, 2026, and is solely responsible for the information contained therein.