Vietnam's Masan High-Tech to sell stake to Elmet and sign tungsten supply deal

Vietnamese tungsten producer Masan High-Tech Materials Corp said on Thursday it will sell a 4.99% stake to US-based tungsten products supplier Elmet Group NASDAQ:ELMT, in a deal that values the Vietnamese company at about $2.5 billion.Masan High-Tech also said it will sign a deal with Elmet for at…