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Masan High-Tech Adds 115 Mt Tungsten, Plans 5% Stake Sale

6/22/2026

Summary

Story summary

Masan High-Tech announced that its Nui Phao mine (55.19 million tons) and Nui Chiem area (60 million tons) will add 115 million tons of tungsten-polymetallic resources, providing 20–30 years of mining.
The company will raise tungsten oxide output to over 8,000 tonnes without major new capital.
Chairman Danny Le said the expansion strengthens Masan’s position as non-China tungsten supply tightens and Masan Group may sell a 5 % stake to investors before a Ho Chi Minh Stock Exchange listing in 2027.

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Story summary

Masan High-Tech announced that its Nui Phao mine (55.19 million tons) and Nui Chiem area (60 million tons) will add 115 million tons of tungsten-polymetallic resources, providing 20–30 years of mining.
The company will raise tungsten oxide output to over 8,000 tonnes without major new capital.
Chairman Danny Le said the expansion strengthens Masan’s position as non-China tungsten supply tightens and Masan Group may sell a 5 % stake to investors before a Ho Chi Minh Stock Exchange listing in 2027.