HC Starck Inks JV Deal with Nui Phao Mining for Value-Added Tungsten

Global technology metals manufacturer HC Starck recently signed a joint venture agreement with Nui Phao Mining, a subsidiary of Masan Group.

Which is one of Vietnam’s largest private-sector business groups, for the production of value-added tungsten chemicals in Vietnam.

What makes the partnership with Nui Phao significant is that the company is developing one of the world’s largest tungsten mines.

It has an expected 15-year life and is located in Vietnam. The German company believes the deal with Nui Phao is just the ticket to increase its presence in Asia.
 

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