What Happened
On February 25, 2026, Almonty Industries Inc. (ALI1.DE) experienced a significant intraday stock surge of 14.45%, reaching €14.26 on XETRA. This increase positioned the stock among Germany’s top gainers for the day, with trading volume hitting 248,487 shares, surpassing the average of 218,504 shares. The stock’s rise followed a multi-month rally from a low of €1.41, nearing its year high of €14.30.
Why It Matters
The surge in ALM stock is attributed to heightened market interest in tungsten, driven by reports of rising prices for the commodity. Analysts from Couloir Capital have noted that the demand for tungsten is being fueled by geopolitical factors, including Western defense bans and China’s export controls, which are creating a critical supply squeeze. This has led to a reassessment of Almonty’s fair value, with estimates doubling to CAD 19.30. The stock’s performance is also supported by strong trading metrics, including a significant increase in on-balance volume, indicating robust buyer commitment.
What’s Next
Investors will be closely monitoring Almonty’s ability to maintain its momentum amid ongoing geopolitical tensions and the evolving landscape of tungsten supply. The upcoming U.S. regulation banning the procurement of tungsten from certain countries, effective January 1, 2027, is expected to further impact market dynamics. As the demand for critical minerals continues to rise, Almonty Industries may see sustained interest from investors looking to capitalize on the growing market for tungsten.
