Deutsche Rohstoff AG and Almonty Industries Face Legal Dispute

Deutsche Rohstoff AG has initiated a legal battle against Almonty Industries Inc. in Canada, seeking approximately USD 67 million (EUR 60 million). The dispute centers on 3.5 million conversion shares and the repayment of outstanding debts. Deutsche Rohstoff claims Almonty has not honored its contractual obligations, including a EUR 10 million liability whose payment deadline was October 31, 2026.

In response, Almonty has filed a lawsuit against Deutsche Rohstoff AG, based on accusations linked to the 2014 sale of the Wolfram Camp Mine in Australia. Deutsche Rohstoff considers these allegations meritless, citing their unfounded nature and largely expired statute of limitations. Both cases are now consolidated and moving forward.