▶ 18:28 · $FIDELITY · Fidelity holds 11%+ of Almonty, signaling blue-chip institutional backing

episode briefing

I Interviewed The CEO Of A $4.5B Mining Stock Growing 498% (Almonty Industries)

2026-08-19 · 4 company · 13 thematic

sentiment

3 bull0 bear1 neu

speakers

20-year tungsten industry veteran; largest individual shareholder of Almonty; led acquisition and decade-long development of Sang Dong mine in South Korea (largest Western tungsten mine); previously hired by Chinese government to advise on environmental compliance for Chinese tungsten mines.

michael sikand

Founder of Our Future, a business-media brand focused on the next generation of founders and operators. He also hosts interviews with entrepreneurs and executives.

quote

“I saw over the weekend there was a update from Fidelity. They're now at 31.8 8 million shares which is just over 11% of the company. So you know and we've got some great names in that register.”

—lewis black

now playing · $FIDELITY

$ALMTF···bullish· high· poslewis black

Almonty CEO sees 5-6 year tungsten supercycle as Sang Dong mine ramps

Structural supply deficit as China pivots downstream and restricts exports; Sang Dong mine in Korea is only new Western supply coming online; prices won't fall below $1,000/unit v…

$ALMTF···bullish· high· poslewis black

Almonty CEO sees 5-6 year tungsten deficit driving revenue to $700M by 2027

China's pivot downstream creates structural tungsten supply deficit for 5-6 years; Sang Dong mine ramp and molybdenum byproduct with $19/lb floor price drive revenue toward $700M…

$FIDELITYneutral· mediumlewis black

Fidelity holds 11%+ of Almonty, signaling blue-chip institutional backing

Fidelity's 31.8M share stake (11%+ of company) validates Almonty's quality and attracts other institutional investors; management deliberately courted difficult-to-impress blue-ch…

$ALMTF···bullish· mediummichael sikand

Host compares Almonty to Micron as potential tungsten supercycle winner

Almonty's proven production ramp (Sang Dong now online), 498% revenue growth, and structural tungsten supply deficit could drive Micron-like profit expansion if supply-demand imba…

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▶ 18:28 · $FIDELITY · Fidelity holds 11%+ of Almonty, signaling blue-chip institutional backing

episode briefing

Michael Sikand

I Interviewed The CEO Of A $4.5B Mining Stock Growing 498% (Almonty Industries)

2026-08-19 · 4 company · 13 thematic

sentiment

3 bull0 bear1 neu

speakers

lewis black

michael sikand

Founder of Our Future, a business-media brand focused on the next generation of founders and operators. He also hosts interviews with entrepreneurs and executives.

quote

“I saw over the weekend there was a update from Fidelity. They're now at 31.8 8 million shares which is just over 11% of the company. So you know and we've got some great names in that register.”

—lewis black

now playing · $FIDELITY

$ALMTF···bullish· high· poslewis black

Almonty CEO sees 5-6 year tungsten supercycle as Sang Dong mine ramps

Structural supply deficit as China pivots downstream and restricts exports; Sang Dong mine in Korea is only new Western supply coming online; prices won't fall below $1,000/unit v…

$ALMTF···bullish· high· poslewis black

Almonty CEO sees 5-6 year tungsten deficit driving revenue to $700M by 2027

China's pivot downstream creates structural tungsten supply deficit for 5-6 years; Sang Dong mine ramp and molybdenum byproduct with $19/lb floor price drive revenue toward $700M…

$FIDELITYneutral· mediumlewis black

Fidelity holds 11%+ of Almonty, signaling blue-chip institutional backing

Fidelity's 31.8M share stake (11%+ of company) validates Almonty's quality and attracts other institutional investors; management deliberately courted difficult-to-impress blue-ch…

$ALMTF···bullish· mediummichael sikand

Host compares Almonty to Micron as potential tungsten supercycle winner

Almonty's proven production ramp (Sang Dong now online), 498% revenue growth, and structural tungsten supply deficit could drive Micron-like profit expansion if supply-demand imba…