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Masan High-Tech Materials to grab opportunities from rising tungsten prices
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Masan High-Tech Materials to grab opportunities from rising tungsten prices
Amid geopolitical and global trade fluctuations, strategic minerals such as tungsten are increasingly asserting their vital role for high-tech industries. The price of APT, the main raw material for tungsten production, is currently fluctuating around $630/MTU, which is nearly double the estimated average price of MSR in 2024 ($318/MTU) and the highest in more than 13 years. According to securities firm VietCap, this stems from the fact that Chi…
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