Elmet Group Secures 4.99% Stake In Vietnam-based Masan High-Tech Materials For $124.75M, Signs Multi-Year Tungsten Supply Agreements

Elmet Group has acquired a 4.99% stake in Vietnam-based Masan High-Tech Materials for $124.75 million, alongside signing multi-year tungsten supply agreements. This strategic relationship aims to enhance the full tungsten value chain and aligns with the U.S. Government's $450 million investment commitment announced on September 14, 2026.