08:21 AM EDT, 07/29/2025 (MT Newswires) -- Almonty Industries ( ALM ) , a global producer of tungsten concentrate, on Tuesday rose 6.5% in U.S. pre-market trade after it appointed Brian Fox as its chief financial officer, succeeding Mark Gelmon, effective August 25.

Fox most recently served as the chief financial and operating officer at CBIZ Marks Paneth.

"As Almonty advances its U.S. redomiciling strategy following our successful US$90 million public offering and Nasdaq listing, the appointment of a U.S.-based executive with deep financial and operational acumen was a deliberate and strategic move," said Almonty Chief Executive Lewis Black.

U.S.-listed shares of the company were last seen up US$0.23 at US$3.8214 in pre-market trading.