Masan Tungsten Company Ltd, a wholly-owned subsidiary of the Masan Resources Corporation (MSR), has completed the legal steps to acquire the tungsten business of Germany’s H.C. Starck Group GmbH, according to the corporation.
Masan Tungsten Limited Liability Company, a wholly owned subsidiary of Masan Resources Corporation, has signed an agreement to buy the tungsten business of Germanys H.C. Starck Group GmbH.
Masan Resources Corporation (HNX-UpCOM: MSR), one of Viet Nam’s largest integrated resources producers and chemical processors, reported net revenues of VND4.049 trillion (US$179.15 million) last year, a year-on-year increase of 52 per cent.