Market Chatter: Almonty Signs Deal With Rwanda to Source and Process Tungsten

MT Newswires Live

Sep 14

Almonty Industries (ALM) is collaborating with the government of Rwanda to source and process tungsten from the African nation, Bloomberg reported Monday, citing a binding agreement.

Rwanda will take a 25% stake in the local unit of Almonty by contributing an exploration concession and a processing license, Bloomberg reported.

The US government assisted in structuring the partnership and provided political support but will not offer funding, Almonty Chief Executive Lewis Black said in an interview, according to the media outlet.

Under the partnership, the company will acquire ore, pre-concentrate and panning tailings from licensed Rwandan producers and small-scale miners, which can initially be sold, upgraded or exported, the report said.

Almonty Industries did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://sg.tigerfiesta.com/news/2667668142"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2667668142\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2667668142?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-14 19:22","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2667668142","market":"sh","top_or_hot":-1,"title":"Market Chatter: Almonty Signs Deal With Rwanda to Source and Process Tungsten","media":"MT Newswires Live","content":"<html><body><p> Almonty Industries (ALM) is collaborating with the government of Rwanda to source and process tungsten from the African nation, Bloomberg reported Monday, citing a binding agreement.</p><p>Rwanda will take a 25% stake in the local unit of Almonty by contributing an exploration concession and a processing license, Bloomberg reported.</p><p>The US government assisted in structuring the partnership and provided political support but will not offer funding, Almonty Chief Executive Lewis Black said in an interview, according to the media outlet.</p><p>Under the partnership, the company will acquire ore, pre-concentrate and panning tailings from licensed Rwandan producers and small-scale miners, which can initially be sold, upgraded or exported, the report said.</p><p>Almonty Industries did not immediately respond to MT Newswires' request for comment.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: Almonty Signs Deal With Rwanda to Source and Process Tungsten</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: Almonty Signs Deal With Rwanda to Source and Process Tungsten\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-09-14 19:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Almonty Industries (ALM) is collaborating with the government of Rwanda to source and process tungsten from the African nation, Bloomberg reported Monday, citing a binding agreement.</p><p>Rwanda will take a 25% stake in the local unit of Almonty by contributing an exploration concession and a processing license, Bloomberg reported.</p><p>The US government assisted in structuring the partnership and provided political support but will not offer funding, Almonty Chief Executive Lewis Black said in an interview, according to the media outlet.</p><p>Under the partnership, the company will acquire ore, pre-concentrate and panning tailings from licensed Rwandan producers and small-scale miners, which can initially be sold, upgraded or exported, the report said.</p><p>Almonty Industries did not immediately respond to MT Newswires' request for comment.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4168","symbol_name":"多种金属与采矿","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2667668142","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2667668142","pubTimestamp":1789384929,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Almonty Industries  is collaborating with the government of Rwanda to source and process tungsten from the African nation, Bloomberg reported Monday, citing a binding agreement.Rwanda will take a 25% stake in the local unit of Almonty by contributing an exploration concession and a processing license, Bloomberg reported.The US government assisted in structuring the partnership and provided political support but will not offer funding, Almonty Chief Executive Lewis Black said in an interview, according to the media outlet.Under the partnership, the company will acquire ore, pre-concentrate and panning tailings from licensed Rwandan producers and small-scale miners, which can initially be sold, upgraded or exported, the report said.Almonty Industries did not immediately respond to MT Newswires' request for comment.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4168":"多种金属与采矿","ALM.AU":"ALMA METALS LTD","ALM":"Almonty Industries Inc. (NASDAQ Uplisting)","BK7083":"煤与消费用燃料","BK7110":"铜"},"translate_title":"市场传闻：Almonty 与卢旺达签署钨采购和加工协议","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ALM":1,"ALM.AU":1},"content_text":"Almonty Industries (ALM) is collaborating with the government of Rwanda to source and process tungsten from the African nation, Bloomberg reported Monday, citing a binding agreement.Rwanda will take a 25% stake in the local unit of Almonty by contributing an exploration concession and a processing license, Bloomberg reported.The US government assisted in structuring the partnership and provided political support but will not offer funding, Almonty Chief Executive Lewis Black said in an interview, according to the media outlet.Under the partnership, the company will acquire ore, pre-concentrate and panning tailings from licensed Rwandan producers and small-scale miners, which can initially be sold, upgraded or exported, the report said.Almonty Industries did not immediately respond to MT Newswires' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}