Masan Resources completes acquisition of HC Starck’s tungsten business

摘要

Vietnam’s Masan Resources has completed the acquisition of Germany’s HC Starck Group tungsten business, the tungsten miner confirmed to Fastmarkets on Wednesday June 10. The agreement was originally signed in September last year. Key regulatory approvals required for the deal’s completion have been achieved, Masan Resources added. HC Starck is a leading manufacturer of midstream tungsten products - high-tech tungsten metal powders and carbides. It has production hubs in Europe, North America and China.