{"id":967954,"date":"2026-05-28T07:33:29","date_gmt":"2026-05-28T11:33:29","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/almonty-industries-set-to-join-large-cap-russell-1000-index-and-broad-market-russell-3000-index\/"},"modified":"2026-05-28T07:33:29","modified_gmt":"2026-05-28T11:33:29","slug":"almonty-industries-set-to-join-large-cap-russell-1000-index-and-broad-market-russell-3000-index","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/almonty-industries-set-to-join-large-cap-russell-1000-index-and-broad-market-russell-3000-index\/","title":{"rendered":"Almonty Industries Set to Join Large-Cap Russell 1000\u00ae Index and Broad-Market Russell 3000\u00ae Index"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Almonty Industries Set to Join Large-Cap Russell 1000<sup>\u00ae<\/sup> Index and Broad-Market Russell 3000<sup>\u00ae<\/sup> Index<\/b><\/p>\n<p>DILLON, Mont.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nAlmonty Industries Inc. (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), a leading global producer of tungsten concentrate, today announced that it is set to join the Large-Cap Russell 1000<sup>\u00ae<\/sup> Index, as well as the Broad-Market Russell 3000<sup>\u00ae<\/sup> Index, at the conclusion of the 2026 Russell indexes reconstitution, according to a preliminary list of additions posted by FTSE Russell on Friday, May 22, 2026. Almonty\u2019s inclusion is expected to become effective when the market opens on Monday, June 29, 2026.<\/p>\n<p>\nThe June reconstitution of the Russell US Indexes captures up to the 4,000 largest US stocks as of April 30, 2026, ranking them by total market capitalization. Almonty\u2019s membership in the Russell 3000<sup>\u00ae<\/sup> Index, which remains in place for half a year beginning 2026, means automatic inclusion in the large-cap Russell 1000<sup>\u00ae<\/sup> Index, as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.<\/p>\n<p>\nLewis Black, Chairman, President and Chief Executive Officer of Almonty Industries, commented: \u201cWe are honoured to be set to join the Russell 3000 and 1000 indices, which we believe reflects the significant operational and financial progress Almonty has made over the past year as we firmly establish ourselves as the cornerstone of the Western tungsten supply chain. With our flagship Sangdong Mine in South Korea now coming on line, the relocation of our corporate headquarters to the United States, and a fortress balance sheet to support continued growth, we believe inclusion in the Russell indexes will further expand our visibility within the institutional investment community and broaden our shareholder base as we execute on our long-term strategic vision.\u201d<\/p>\n<p>\nRussell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to data as of the end of June 2025, approximately $12.2 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, the global index provider. For more information on the Russell 3000<sup>\u00ae<\/sup> Index and the Russell indexes reconstitution, please visit the \u201cRussell Reconstitution\u201d section on the FTSE Russell website.<\/p>\n<p><b>About FTSE Russell, an LSEG Business<\/b><\/p>\n<p>\nFTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $21.20 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering. FTSE Russell is wholly owned by LSEG. For more information, visit FTSE Russell.<\/p>\n<p><b>About Almonty Industries Inc.<\/b><\/p>\n<p>\nAlmonty (Nasdaq: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1) is a leading supplier of conflict free tungsten \u2013 a strategic metal critical to the defense and advanced technology sectors. As geopolitical tensions heighten, tungsten has become essential for armor, munitions, and electronics manufacturing. Almonty\u2019s flagship Sangdong Mine in South Korea, historically one of the world\u2019s largest and highest-grade tungsten deposits, is expected to supply a significant portion of global non-China tungsten production upon reaching full capacity, directly addressing critical supply vulnerabilities highlighted by recent U.S. defense procurement bans and export restrictions by China. With established operations in Portugal and additional projects in Spain and the United States, Almonty is strategically aligned to meet rapidly rising demand from Western allies committed to supply-chain security and defense readiness. To learn more, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Falmonty.com&amp;esheet=54543152&amp;newsitemid=20260528919556&amp;lan=en-US&amp;anchor=https%3A%2F%2Falmonty.com&amp;index=1&amp;md5=d233938052afb382f0423ecc942f2afc\">https:\/\/almonty.com<\/a>.<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis news release contains \u201cforward-looking statements\u201d and \u201cforward-looking information\u201d within the meaning of applicable securities laws. All statements, other than statements of present or historical facts, are forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and assumptions and accordingly, actual results could differ materially from those expressed or implied in such statements. You are hence cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are typically identified by words such as \u201cplan\u201d, \u201cdevelopment\u201d, \u201cgrowth\u201d, \u201ccontinued\u201d, \u201cintentions\u201d, \u201cexpectations\u201d, \u201cemerging\u201d, \u201cevolving\u201d, \u201cstrategy\u201d, \u201copportunities\u201d, \u201canticipated\u201d, \u201ctrends\u201d, \u201cpotential\u201d, \u201coutlook\u201d, \u201cability\u201d, \u201cadditional\u201d, \u201con track\u201d, \u201cprospects\u201d, \u201cviability\u201d, \u201cestimated\u201d, \u201creaches\u201d, \u201cenhancing\u201d, \u201cstrengthen\u201d, \u201ctarget\u201d, \u201cbelieves\u201d, \u201cnext steps\u201d or variations of such words and phrases or statements that certain actions, events or results \u201cmay\u201d, \u201ccould\u201d, \u201cwould\u201d, \u201cmight\u201d or \u201cwill\u201d be taken, occur or be achieved.<\/p>\n<p>\nForward-looking statements in this news release include, but are not limited to, statements concerning the Company joining the Large-Cap Russell 1000<sup>\u00ae<\/sup> Index, as well as the Broad-Market Russell 3000<sup>\u00ae<\/sup> Index, at the conclusion of the 2026 Russell indexes reconstitution. Forward-looking statements are based upon certain assumptions and other important factors that, if untrue, could cause actual results to be materially different from future results expressed or implied by such statements. There can be no assurance that forward-looking statements will prove to be accurate.<\/p>\n<p>\nForward-looking statements are also subject to risks and uncertainties facing the Company\u2019s business, including, without limitation, the Company joining the Large-Cap Russell 1000<sup>\u00ae<\/sup> Index, as well as the Broad-Market Russell 3000<sup>\u00ae<\/sup> Index, at the conclusion of the 2026 Russell indexes reconstitution as well as the risks identified in the Company\u2019s annual information form for the year ended December 31, 2025 dated March 18, 2026 and in the Company\u2019s management\u2019s discussion and analysis dated May 11, 2026 for the three months ended March 31, 2026 and 2025. Although Almonty has attempted to identify important factors that could cause actual results, level of activity, performance or achievements to differ materially from those contained in forward-looking statements, there may be other factors that could cause results, level of activity, performance or achievements not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, and even if events or results described in the forward-looking statements are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, Almonty. Accordingly, readers should not place undue reliance on forward-looking statements and are cautioned that actual outcomes may vary.<\/p>\n<p>\nInvestors are cautioned against attributing undue certainty to forward-looking statements. Almonty cautions that the foregoing list of material factors is not exhaustive. When relying on Almonty\u2019s forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Almonty has also assumed that material factors will not cause any forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors.<\/p>\n<p>\nTHE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF ALMONTY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE ALMONTY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME, WHETHER AS A RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE, EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260528919556r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260528919556\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260528919556\/en\/<\/a><\/span><\/p>\n<p><b>Company<br \/>\n<\/b><br \/>Lewis Black<br \/>\n<br \/>Chairman, President &amp; CEO<br \/>\n<br \/>(647) 438-9766<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:info@almonty.com\">info@almonty.com<\/a><\/p>\n<p><b>Investor Relations<br \/>\n<\/b><br \/>Lucas A. Zimmerman<br \/>\n<br \/>Managing Director<br \/>\n<br \/>MZ Group \u2013 MZ North America<br \/>\n<br \/>(949) 259-4987<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:ALM@mzgroup.us\">ALM@mzgroup.us<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.mzgroup.us&amp;esheet=54543152&amp;newsitemid=20260528919556&amp;lan=en-US&amp;anchor=www.mzgroup.us&amp;index=2&amp;md5=e19301fb00376832c17571a893b892dc\">www.mzgroup.us<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Montana United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Mining\/Minerals Natural Resources<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260528919556\/en\/713162\/3\/Almonty_Logo1.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Almonty Industries Set to Join Large-Cap Russell 1000\u00ae Index and Broad-Market Russell 3000\u00ae Index DILLON, Mont.&#8211;(BUSINESS WIRE)&#8211; Almonty Industries Inc. (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), a leading global producer of tungsten concentrate, today announced that it is set to join the Large-Cap Russell 1000\u00ae Index, as well as the Broad-Market Russell 3000\u00ae Index, at the conclusion of the 2026 Russell indexes reconstitution, according to a preliminary list of additions posted by FTSE Russell on Friday, May 22, 2026. Almonty\u2019s inclusion is expected to become effective when the market opens on Monday, June 29, 2026. The June reconstitution of the Russell US Indexes captures up to the 4,000 largest US stocks as of April 30, 2026, ranking them &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/almonty-industries-set-to-join-large-cap-russell-1000-index-and-broad-market-russell-3000-index\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Almonty Industries Set to Join Large-Cap Russell 1000\u00ae Index and Broad-Market Russell 3000\u00ae Index&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-967954","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Almonty Industries Set to Join Large-Cap Russell 1000\u00ae Index and Broad-Market Russell 3000\u00ae Index - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/almonty-industries-set-to-join-large-cap-russell-1000-index-and-broad-market-russell-3000-index\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Almonty Industries Set to Join Large-Cap Russell 1000\u00ae Index and Broad-Market Russell 3000\u00ae Index - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Almonty Industries Set to Join Large-Cap Russell 1000\u00ae Index and Broad-Market Russell 3000\u00ae Index DILLON, Mont.&#8211;(BUSINESS WIRE)&#8211; Almonty Industries Inc. (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), a leading global producer of tungsten concentrate, today announced that it is set to join the Large-Cap Russell 1000\u00ae Index, as well as the Broad-Market Russell 3000\u00ae Index, at the conclusion of the 2026 Russell indexes reconstitution, according to a preliminary list of additions posted by FTSE Russell on Friday, May 22, 2026. Almonty\u2019s inclusion is expected to become effective when the market opens on Monday, June 29, 2026. The June reconstitution of the Russell US Indexes captures up to the 4,000 largest US stocks as of April 30, 2026, ranking them &hellip; Continue reading &quot;Almonty Industries Set to Join Large-Cap Russell 1000\u00ae Index and Broad-Market Russell 3000\u00ae Index&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/almonty-industries-set-to-join-large-cap-russell-1000-index-and-broad-market-russell-3000-index\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-28T11:33:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260528919556r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/almonty-industries-set-to-join-large-cap-russell-1000-index-and-broad-market-russell-3000-index\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/almonty-industries-set-to-join-large-cap-russell-1000-index-and-broad-market-russell-3000-index\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Almonty Industries Set to Join Large-Cap Russell 1000\u00ae Index and Broad-Market Russell 3000\u00ae Index\",\"datePublished\":\"2026-05-28T11:33:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/almonty-industries-set-to-join-large-cap-russell-1000-index-and-broad-market-russell-3000-index\\\/\"},\"wordCount\":1342,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/almonty-industries-set-to-join-large-cap-russell-1000-index-and-broad-market-russell-3000-index\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20260528919556r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/almonty-industries-set-to-join-large-cap-russell-1000-index-and-broad-market-russell-3000-index\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/almonty-industries-set-to-join-large-cap-russell-1000-index-and-broad-market-russell-3000-index\\\/\",\"name\":\"Almonty Industries Set to Join Large-Cap Russell 1000\u00ae Index and Broad-Market Russell 3000\u00ae Index - 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(NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), a leading global producer of tungsten concentrate, today announced that it is set to join the Large-Cap Russell 1000\u00ae Index, as well as the Broad-Market Russell 3000\u00ae Index, at the conclusion of the 2026 Russell indexes reconstitution, according to a preliminary list of additions posted by FTSE Russell on Friday, May 22, 2026. Almonty\u2019s inclusion is expected to become effective when the market opens on Monday, June 29, 2026. The June reconstitution of the Russell US Indexes captures up to the 4,000 largest US stocks as of April 30, 2026, ranking them &hellip; Continue reading \"Almonty Industries Set to Join Large-Cap Russell 1000\u00ae Index and Broad-Market Russell 3000\u00ae Index\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/almonty-industries-set-to-join-large-cap-russell-1000-index-and-broad-market-russell-3000-index\/","og_site_name":"Market Newsdesk","article_published_time":"2026-05-28T11:33:29+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260528919556r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/almonty-industries-set-to-join-large-cap-russell-1000-index-and-broad-market-russell-3000-index\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/almonty-industries-set-to-join-large-cap-russell-1000-index-and-broad-market-russell-3000-index\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Almonty Industries Set to Join Large-Cap Russell 1000\u00ae Index and Broad-Market Russell 3000\u00ae Index","datePublished":"2026-05-28T11:33:29+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/almonty-industries-set-to-join-large-cap-russell-1000-index-and-broad-market-russell-3000-index\/"},"wordCount":1342,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/almonty-industries-set-to-join-large-cap-russell-1000-index-and-broad-market-russell-3000-index\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260528919556r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/almonty-industries-set-to-join-large-cap-russell-1000-index-and-broad-market-russell-3000-index\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/almonty-industries-set-to-join-large-cap-russell-1000-index-and-broad-market-russell-3000-index\/","name":"Almonty Industries Set to Join Large-Cap Russell 1000\u00ae Index and Broad-Market Russell 3000\u00ae Index - 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