MINING to define the future growth of Masan Resources .
“ There is real opportunity across Vietnam ,” he says . “ We are looking to acquire new assets and replicate what we ’ ve done with Nui Phao , not just in tungsten but in other resources .
“ We ’ ve been successful in developing the mine and so the future for us is to be the number one producers of tungsten in the world , or within the top three .
There ’ s no reason we can ’ t be based on how successful we ’ ve been with our current portfolio .”
The mining industry is cyclical and one of the biggest challenges in the world , be it gold , copper or tungsten , is that supply may one day meet the current demand but it will inevitably fall into a deficit . Bradshaw is all too aware of this and points to the Vietnam accounting for approximately 40 % of the world ’ s supply of tungsten
143 www . businesschief . com