Almonty delists from TSX and ASX
Analysis based on 7 articles · First reported Jul 17, 2026 · Last updated Jul 23, 2026
The delisting is unlikely to significantly impact Almonty's stock price as trading will continue on Nasdaq, its primary market. The move may reduce costs and streamline operations, potentially benefiting shareholders.
Almonty Industries, a global tungsten concentrate producer, announced it will voluntarily delist its common shares from the Toronto Stock Exchange (TSX) effective July 31, 2026, and has received approval to delist from the Australian Securities Exchange (ASX). The company will continue trading on the Nasdaq Capital Market under the symbol ALM. The decision was driven by the majority of trading volume occurring on Nasdaq and the desire to reduce administrative, compliance, and listing costs associated with maintaining multiple exchange listings. Shareholder approval was not required as an alternative market exists. Canadian shareholders can still trade through brokers providing Nasdaq access. Almonty also maintains a listing on the Frankfurt Stock Exchange. The company operates the Panasqueira Mine mine in Portugal and the Sangdong Mine in South Korea, with development projects at Valtreixal Mine and Los Santos Mine in Spain.
Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.
Open Dashboard