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Crude Oil $ 56.03 / bbl 1.72%

Natural Gas $ 3.945 / Btu 0.23%

Silver Futures $ 66.33 / ozt 3.97%

Aluminum Futures $ 2880 / ton 0.00%

Micro Gold Futures $ 4366 / ozt 0.77%

Micro Silver Futures $ 66.335 / ozt 4.00%

Platinum $ 1939.5 / ozt 3.48%

Gold Futures $ 4365.5 / ozt 0.74%

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Almonty bought the asset when the US stopped mining tungsten in 2015 and has been working to bring it back into production for a decade.

Staff Writer | December 16, 2025 | 4:38 pm

The EGA plant is expected to require $5 billion to $6 billion of capital investment and produce about 750,000 tons of primary aluminum a year.

Bloomberg News | December 16, 2025 | 2:54 pm

The plant shipped almost 430,000 tons of aluminum to the EU in the first 10 months of 2025.

Reuters | December 16, 2025 | 12:25 pm

Start of Phase 1 mill construction is targeted for mid-2026, with first gold pour to follow a year later.

Staff Writer | December 16, 2025 | 10:46 am

China seeks to expand into Iranian mining sector