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

BenzingaBenzinga Newsdesk

Two industry leaders formalize strategic relationship spanning the full tungsten value chainInvestment includes a 4.99% ownership stake and multi-year supply agreements across key production stagesFurther advances the

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  1. SEC EDGARSEC EDGAR

    8-K filing — Elmet Group Co. (ELMT)

    Filed: 2026-09-24 AccNo: 0001213900-26-102840 Size: 911 KB Item 1.01: Entry into a Material Definitive Agreement Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits

  2. Globenewswire IncNa

    The Elmet Group to Invest Approximately $125 Million in Masan High-Tech Materials to Strengthen Tungsten Supply Chain

    The Elmet Group announced a $124.75 million investment to acquire a 4.99% equity stake in Vietnam-based Masan High-Tech Materials Corporation, formalizing a 12-year commercial relationship. The deal includes long-term supply agreements for mined tungsten from the Nui Phao Mine and tungsten conversion services. This investment strengthens the tungsten supply chain and follows a $450 million U.S. Government commitment to support critical materials infrastructure.

  3. BenzingaBenzinga Newsdesk

    Elmet Group Expects To Take Over 1,000 Metric Tonnes Per Year Of Tungsten Concentrate; Agreement Represents Over $230M Annually In Offtake At Current Ammonium Paratungstate Tungsten Prices; Hemerdon Mine Targets Full-Scale Production By End Of Q1 2027

    Agreement expected to expand and strengthen tungsten supply chains across the U.S., UK, and allied nations with one of the world’s largest tungsten depositsFurther advances the objectives of the United States Department