Macro Finance
Pentagon-Backed Elmet to Buy Stake in Vietnam Tungsten Miner
Bloomberg Markets·September 24, 2026·1 min read
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 of metal supply, deepening US access to the critical mineral. The Pentagon-backed deal underscores efforts to diversify supply chains for strategic materials.
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