In early October, Masan High-Tech Materials (MSR) announced that US-based advanced materials firm Elmet Group had become a strategic shareholder with a 4.99% stake, and the two companies signed a long-term tungsten supply agreement. Under the deal, MSR will supply about 1,250 tonnes of tungsten, measured by WO3 content, per year for more than 8 years, with potential total revenue of roughly USD 1.5 billion at prices at the time of announcement. The two firms had traded for over a decade, and their relationship now extends to capital and supply, linking MSR's Vietnam mining and processing capacity with Elmet's production in the US. MSR also aims to raise its tungsten oxide product capacity to over 8,000 tonnes per year. The moves come as tungsten prices surge, with APT in Europe and the US reaching USD 2,700-2,900 per mtu on October 2, about 355% higher than a year earlier.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Masan đẩy mạnh hợp tác nhằm tham gia sâu chuỗi cung ứng vonfram
Read the original on VnExpress ↗
Related tickers and likely impact
MSN
▲ Likely positiveMasan Group
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Food & Beverage |
| Industry | Food Production |
| Market cap | 109,596 bn VND |
| P/E | 15.5 |
| P/B | 2.74 |
| Close on 10/14/2026 | 71.70 |
| Change that session | +0.84% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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