ALMONTY drills 37% of molybdenum program in South Korea

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Go back to ALMONTY drills 37% of molybdenum program in South Korea

Almonty Industries Provides Update on Large-Scale Drilling Program at Sangdong Molybdenum Project

June 16, 2026 7:30 AM EDT

Drilling to Date Confirms Grades Consistent with Historical Results as Almonty Accelerates Molybdenum Campaign Amid South Koreas Supply Crisis

DILLON, Mont.--(BUSINESS WIRE)-- Almonty Industries Inc. (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), a leading global producer of tungsten concentrate, today announced an update on its large-scale drilling program at the Sangdong Molybdenum Project adjacent to Almontys Sangdong Mine in Yeongwol, Gangwon Province, South Korea, to confirm molybdenum resources ahead of... More