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US tungsten supplier Elmet buys stake in Vietnamese miner Masan

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US tungsten supplier Elmet buys stake in Vietnamese miner Masan

Nikkei Asia · Sep 24, 2026, 8:48 AM UTC

HANOI -- U.S. tungsten supplier Elmet Group will acquire a 4.99% stake in Vietnamese miner Masan High-Tech Materials for about $125 million, the two c