Guy on Rocks: Almonty building into international tungsten industry

Guy on Rocks’ is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director, and responsible executive at Perth-based financial services provider RM Corporate Finance, shares his high conviction views on the market and his “hot stocks to watch”.

This week, Guy looks into the coming metallic demands of humanoid robots before turning to a tungsten developer in Almonty Industries (ASX:AII) who has been making some big strides.

The company has been receiving some high valuations, so Guy looks into the tight tungsten market and the other factors that he thinks might be to Almonty’s benefit as it continues construction of the Sandong tungsten mine in South Korea.

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