Almonty Industries (TSX: AII) (ASX: AII), a global producer of tungsten concentrate, announced Monday the appointment of Alan Estevez to its Board of Directors, effective May 30.
Estevez is a nationally recognized authority in national security, defense logistics, and strategic trade. From 2022 to 2025, he served as Under Secretary of Commerce for Industry and Security, where he led US efforts to curb adversarial military advancements by restricting access to sensitive technologies, particularly in China and Russia.
Previously, he held senior roles within the US Department of Defense, including Principal Deputy Under Secretary for Acquisition, Technology & Logistics, where he oversaw defense acquisition and supply chain operations.
Estevez also advised Fortune 500 companies on logistics transformation during his tenure at Deloitte Consulting.
He has received numerous honours for his public service, including three Department of Defense Distinguished Public Service Medals, the Presidential Rank Distinguished Executive Award, and the Service to America Medal.
“We are pleased to welcome Alan to the Board at a pivotal moment for Almonty,” CEO Lewis Black said in a news release. “His deep expertise in national security strategy, defense logistics, and export controls—gained through decades of public service and leadership within the U.S. government—brings significant strategic value.
“Alan’s firsthand experience in acquisition, contracting, and supply chain operations will be especially relevant as we advance our position as a key allied supplier of tungsten,” Black said. “His appointment aligns with our recently signed offtake agreement with a US defense contractor to supply tungsten oxide exclusively for American defense applications.”