Almonty Industries forms Rwanda joint venture with government for tungsten concession, processing license

Bitget2026/09/29 11:35

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Almonty formed Almonty Rwanda, a joint venture with the Government of Rwanda, giving the government a 25% stake.
Rwanda contributed the Shyorongi tungsten exploration concession and a mineral processing license in exchange for its equity position.
The venture targets near-term exports by collecting and upgrading ore, pre-concentrate, and tailings from existing Rwandan mining output.
Longer-term plans include exploration work tied to development of a centralized processing plant.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Almonty Industries Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-044777), on September 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Almonty Industries forms Rwanda joint venture with government for tungsten concession, processing license

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