Brian Thomas Deveaux
Known title: DirectorCIK: 0002130005
Associated companies
Transaction History
| ELMT | ▲ Buy | Grant | 1,429 | $0 | 5/19/2026 | View on chart |
| ELMT | ▲ Buy | Grant | 1,429 | $0 | 5/19/2026 | View on chart |
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September 25, 2026
Elmet secures 4.99% stake in Masan and new tungsten supply deals
Elmet announced it will purchase a 4.99% interest in Vietnam‑based Masan High‑Tech Materials for about $125 million. The transaction is accompanied by multi‑year tungsten supply agreements with Masan. In addition, Elmet signed a long‑term offtake contract with Tungsten West for concentrate from the Hemerdon mine, targeting over 1,000 tonnes per year once full production begins in early 2027. These moves aim to strengthen Elmet’s tungsten supply chain.
Elmet secures 4.99% stake in Masan and new tungsten supply deals. Elmet announced it will purchase a 4.99% interest in Vietnam‑based Masan High‑Tech Materials for about $125 million. The transaction is accompanied by multi‑year tungsten supply agreements with Masan. In addition, Elmet signed a long‑term offtake contract with Tungsten West for concentrate from the Hemerdon mine, targeting over 1,000 tonnes per year once full production begins in early 2027. These moves aim to strengthen Elmet’s tungsten supply chain.