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Almonty Industries is expanding tungsten production at its Sangdong mine in South Korea, set to begin operations by late 2025. While the company's stock has surged eightfold in the past year, insider trading activity shows divergence, with CEO Lewis Black purchasing shares and Independent Director David Hanick selling his entire stake. Almonty has also forged partnerships with U.S. defense firms to reduce reliance on foreign sources, resulting in a current market capitalization of approximately CAD 3.4 billion.