Masan looks to foreign investors with tungsten mine growth
Key takeaways
- This move aims to attract foreign investment and strengthen the company s presence in the global critical minerals sector.
- This statement was made available through an emailed statement.
- The development comes as Masan Group, the parent company, explores the sale of up to a 5% stake in its mining division to international investors.
Masan looks to foreign investors with tungsten mine growth Tungsten is crucial for various applications · Mining Technology Srivani Venna Mon, June 22, 2026 at 6:09 PM GMT+7 2 min read Masan High-Tech Materials has announced plans to expand its Nui Phao mine and Nui Chiem site in Vietnam, potentially introducing 115 million tonnes of tungsten-polymetallic resources, Bloomberg reported.
This move aims to attract foreign investment and strengthen the company s presence in the global critical minerals sector.
According to Masan High-Tech Materials chairman Danny Le, this expansion could extend mining and processing activities for another 20–30 years and bolster the company’s strategic position at a time when non-China tungsten supply is diminishing. This statement was made available through an emailed statement.