Masan High-Tech Materials (MHT) is a leading global supplier of midstream tungsten products across critical industries such as, automotive, aviation, chemical production, construction, electronics, energy, engineering, mining, and tool making.
Masan High-Tech Materials' objective is to demonstrate to the world that a Vietnamese company can lead the transformation of the global tungsten market by working closely with our customers to deliver them local solutions developed globally. This will enable MHT to deliver a consistent and strong financial profile across business cycles.
MHT represents a strategic source of supply for customers seeking high quality products made from primary or recycled tungsten units. From Vietnam, Masan Tungsten Company provides high quality APT, BTO & YTO units from primary concentrate, while through the recently acquired H.C. Starck Tungsten Powders, one of Europe’s largest tungsten recyclers, provides high quality powders and carbides produced locally in Germany, China, or Canada to the exacting requirements of our local customer base.
MHT’s quality position is underpinned through its in-house R&D facilities in Germany & Vietnam supported by its 100% owned commercial laboratory ChemiLytics. ChemiLytics is the #1 Refractory Analytical Laboratory in Europe and is one of the largest industrial laboratories in Germany for inorganic elemental analysis and powder characterisation.
Through the 100% owned Nui Phao Mining Company, MHT operates the largest single fluorite mine outside of the two major sources (China and Mexico) accounting for 6-7% of total global supply of acid-grade fluorspar.
MHT is the leading premium supplier of the technology metal tungsten and high-performance carbides. With innovativeness, a clear commitment to quality, and extensive technological expertise we work along-side our customers across the entire value-creation chain, supporting them as an expert partner in development and solution creation.
The Sustainability Report was prepared in accordance with the Global Reporting Initiative (GRI), G4 Guidelines. It reflects the application of and alignment with the recognized international policies, standards and management practices, including the principles set out by the International Council on Mining and Metals (ICMM) Sustainable Development Framework, the United Nations Global Compact (UNGC), the World Bank’s guidelines on involuntary resettlement, Environmental and Social Impact Assessment (ESIA) and other policies as well as standards and practices for sustainable society and environment set out by the International Finance Corporation (IFC).
This year’s sustainability report is particularly characterized with its adherence to the Sustainable Development Goals (SDGs) and the Corporate Sustainability Index (CSI). This was partly driven by the fact that the Vietnam Chamber of Commerce and Industry (VCCI) recently began to provide a means to assess the level of sustainable development of Vietnamese enterprises.