tungsten
Pentagon-backed Elmet takes 4.99% of Vietnam tungsten producer MSR, wins exclusive bismuth supply
The United States-based Elmet Group, recently buying a 4.99 percent stake in Vietnam's Masan High-Tech Materials (MSR), has also secured an exclusive right to negotiate bismuth purchase from MSR's Nui Phao mine.
Backed by $450M Pentagon deal, US’ Elmet acquires 5% in Vietnam’s tungsten producer MSR
The Elmet Group, the U.S. tungsten producer that secured a $450 million investment from the U.S. Department of War in mid-September, will buy a 4.99 percent stake in Vietnam's Masan High-Tech Materials for $124.75 million, alongside a multi-year supply deal.
Refined tungsten of Vietnam’s miner Masan High Tech Materials escapes draft export restriction
Masan High-Tech Materials (MSR), the mining arm under Vietnam's conglomerate Masan, clarified its high-purity tungsten (wolfram) products are not covered by draft export restrictions for minerals.
Vietnam’s Masan eyes 115M tons of tungsten more amid global AI, semiconductor growth
Masan High-Tech Materials (MSR), an arm of Vietnamese conglomerate Masan, is expanding its tungsten resource base to help secure a critical input for the AI, semiconductor, and defense industries, potentially adding 115 million more tons of tungsten-polymetallic ore in its reserve
