-- Almonty Industries (AII.TO) said Monday that it has relocated its corporate headquarters to Montana, United States, from Toronto, Canada.
Almonty said the transfer allows the company to move closer to key stakeholders, including U.S. government agencies, defense contractors and industrial partners, as it seeks to become a leading U.S.-aligned tungsten producer.
The company listed on the Nasdaq in July 2025 and has acquired the Gentling tungsten project in Montana, which is expected to restart production in 2026.
The move follows Almonty's Nasdaq listing and US$90 million oversubscribed IPO in July 2025, a US$129 million follow-on financing in December 2025, and the acquisition of Montana's Gentung Tungsten Project, expected to restart production this year.
Almonty has also partnered with American Defense International while participating in the Defense Department-backed Critical Minerals Forum and receiving congressional recognition for strengthening critical mineral independence.
The company added that it has appointed former senior US Army generals as directors.