Sangdong Mine Commissioning and Surging Tungsten Prices Set the Stage for Transformational 2026 Growth
- •The talk of tungsten prices surging and the Sangdong mine finally getting to Phase 1 commissioning is pretty compelling.
- •I remember looking at Almonty a while back, but the commissioning delays always made me hesitant.
- •Critical minerals seem like a pretty solid bet for the next decade.
Hey everyone, just read this interesting article about Almonty Industries and their Sangdong Mine: Sangdong Mine Commissioning and Surging Tungsten Prices Set the Stage for Transformational 2026 Growth. As someone who's had a small position in junior miners before – most notably a copper play back in '21 that paid off nicely – this definitely caught my eye. The talk of tungsten prices surging and the Sangdong mine finally getting to Phase 1 commissioning is pretty compelling. I remember looking at Almonty a while back, but the commissioning delays always made me hesitant. Now, with them apparently getting things in order, and the global demand for critical minerals really heating up, it might be worth another look, especially for long-term growth.
My initial thought is that if tungsten prices continue their upward trajectory, and this mine can ramp up efficiently, then 2026 could indeed be a transformational year for them. I'm always looking for ways to diversify my portfolio beyond the usual tech and dividend stocks, especially as I start thinking more seriously about a comfortable retirement for my family. Critical minerals seem like a pretty solid bet for the next decade. The article mentions it could be a significant contributor to the global supply chain, which is a big deal given where geopolitics are headed.
What are your thoughts on this? Has anyone here been following Almonty Industries more closely or invested in them already? I'm curious to hear if there are any red flags I might be missing, or if anyone sees this as a genuine opportunity for significant growth. Always appreciate the community's insights before I dive deeper into proper due diligence!