Elmet Group to buy 4.99% stake in Masan High — Tech Materials for USD 124.75 million
The Elmet Group will invest USD 124.75 million to acquire a 4.99% equity stake in Masan High-Tech Materials. Transaction pairs the minority stake with multi-year supply agreements covering mined tungsten from Nui Phao and conversion services in Vietnam. Investment targets tighter control of tungsten supply, expansion o