MASAN RESOURCE
its revenue stream by aligning with key players in each of its product sectors . In 2012 , Masan signed an offtake agreement with NYSE listed CMC Cometals to sell its acid-grade fluorspar to the global industry . Similarly , bismuth is supplied to the world ’ s largest consumer of bismuth , 5NPlus under a multi-year supply agreement . In copper , Transamine has partnered for the sale and toll conversion of copper concentrates “ Both companies have been great partners to work with since we started the project ” said Heaton , adding “ They have worked with us and introduced out in the market place making sure we met with the right customers at the right time .”
Similarly , in 2014 , Masan Resources signed a joint venture with H . C . Starck , a global manufacturer of technology metals , to both form a joint venture producing value added tungsten chemicals , as well as purchase a significant share of the tungsten production .
“ These contracts all represent an interesting partnership play and customer relationship in tungsten , bismuth and fluorspar ,” Heaton said .
By the end of 2020 , Masan Resources aims to become a $ 2 billion company by achieving growth through mergers and acquisitions in the short term , and mineral exploration for the intermediate and long term .
“ The Nui Phao project is the engine of Masan Resources ,” said Heaton . “ I expect big things to come in the next few years .”
Company Information
INDUSTRY
Mining Global
HEADQUARTERS
106 Hoang Quoc Viet St ., Cau Gaiy Dist ., Ha Noi , Vietnam
FOUNDED
2010
EMPLOYEES
1,000 – 1,500
PRODUCTS / SERVICES
Resources