Published: December 4, 2025 |

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Almonty Industries has commenced operations in the United States with the successful acquisition of a 100 percent ownership of the Gentung Browns Lake Tungsten Project in Beaverhead County, Montana. With this closing, Almonty has added one of the most advanced undeveloped tungsten assets in the United States to its global portfolio.

“This closing marks a transformative moment for Almonty. By entering the United States, we are expanding into the world’s most strategic market for tungsten, one that is actively rebuilding domestic supply chains and reducing reliance on China,” said Lewis Black, chairman and CEO of Almonty Industries.

“The Gentung Browns Lake Project positions Almonty as a long-term, integrated United States supplier capable of supporting critical industries, from defense and aerospace to semiconductors and advanced manufacturing. Anchored by our flagship Sangdong Mine, this acquisition establishes the foundation of a Western tungsten powerhouse with the ability to deliver secure, sustainable, and high-quality supply to the United States and its allies,” added Black.

The acquisition marks a major step in reinforcing the United States’ domestic tungsten supply capabilities, providing Almonty with additional capacity that could support future deliveries to defense contractors and other strategic industries located in the United States as demand for secure, non-Chinese tungsten sources continues to grow.

The acquisition by the company of the Gentung Browns Lake Project aligns with the ongoing initiatives of the United States government to strengthen critical mineral independence across defense, aerospace, and advanced technology sectors, positioning Almonty as a leading Western producer capable of supplying tungsten directly from within the United States industrial and strategic base while ensuring long-term stability for allied supply chains.

The Gentung Browns Lake Project acquisition represents a continuation of Almonty’s vision to establish a fully integrated, Western-based tungsten platform spanning Europe, Asia, and North America. With construction of the Sangdong Mine advancing toward completion, steady production at the Panasqueira Mine, and renewed growth from its Spanish projects, Almonty is now uniquely positioned to leverage cross-continental expertise and scale.

The company’s United States presence opens the door to deeper industrial partnerships, new technological collaborations, and potential downstream opportunities that align with global efforts to secure resilient supply chains for critical minerals. As Almonty continues to execute its growth strategy, the Gentung Browns Lake Project is expected to stand as a key U.S. pillar in delivering sustained value, operational excellence, and long-term leadership in the global tungsten market.

Almonty Industries Chairman and CEO Lewis Black Discusses New Tungsten Mine in Montana with FOX

Almonty is a leading supplier of conflict-free tungsten — a strategic metal critical to the defense and advanced technology sectors. As geopolitical tensions heighten, tungsten has become essential for armor, munitions, and electronics manufacturing. Almonty’s flagship Sangdong Mine in South Korea, historically one of the world’s largest and highest-grade tungsten deposits, is expected to supply more than 80 percent of global non-China tungsten production upon reaching full capacity, directly addressing critical supply vulnerabilities highlighted by recent U.S. defense procurement bans and export restrictions by China. With established operations in Portugal and additional projects in Spain and the U.S., Almonty is strategically aligned to meet rapidly rising demand from Western allies committed to supply-chain security and defense readiness.

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