The list of potential buyers is long – and prestigious. In addition to Almonty’s direct customers, new market players, and even governments could express interest. One thing is clear: Without tungsten, nothing works – no chips, no high-tech products, and no modern defense industry. While there are numerous suppliers for other raw materials, Almonty’s tungsten reserves and production capacity enable it to meet the entire US demand within a year – an evident monopoly position.
Has a LinkedIn post hinted at a potential takeover? Global Tungsten & Powders Corp. (GTP) already holds 13.97% – that’s 38.15 million shares – of Almonty and recently posted the following message on the business network:“In response to potential new import tariffs, GTP reaffirms its dedication to providing our customers with uninterrupted service and a consistent supply of tungsten products. Your U.S. Tungsten provider. Think Tungsten. Think GTP.”According to LSEG, Almonty is GTP’s only publicly traded investment.
With its supply commitment, GTP has made a bold statement – a strong indicator of ambitious plans in the event of a bidding war.
AII Price at posting:
$2.05 Sentiment: Buy Disclosure: Held
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