In Toronto, Almonty Industries Inc. (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI), a top tungsten concentrate producer, disclosed its financial results for the first quarter of 2025. Represented in millions of Canadian dollars, the figures for the three months ending on March 31 showed revenue of $7.91 in 2025, slightly up from $7.82 in 2024. Income from mining operations also saw an increase, reaching $0.752 compared to $0.606 in the previous year. Operating expenses stood at $9.5, up from $4.3 in the comparative period. The company reported a loss before income taxes.