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Pentagon-Backed Elmet to Buy Stake in Vietnam Tungsten Producer

Bloomberg Markets Thursday 24 September 2026, 01:02 UTC By Nguyen Dieu Tu Uyen and John Boudreau 1 min read
Key Points

US tungsten maker The Elmet Group Co. will buy a 4.99% stake in Vietnam’s Masan High-Tech Materials Corp. and secure more than eight years supply of the metal, deepening US access to the critical mineral.

US tungsten maker The Elmet Group Co. will buy a 4.99% stake in Vietnam’s Masan High-Tech Materials Corp. and secure more than eight years supply of the metal, deepening US access to the critical mineral.
Pentagon (ORG) Vietnam (LOCATION) US (LOCATION) The Elmet Group Co. (ORG) Masan High-Tech Materials Corp. (ORG)
Originally published by Bloomberg Markets Read original →

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