Sojitz plans to acquire 5% stake in Masan High-Tech Materials

Japanese conglomerate Sojitz has signed a memorandum of understanding to acquire a 5% stake in Masan High-Tech Materials (MSR). Under the agreement, Sojitz intends to establish long-term commercial contracts to distribute MSR’s tungsten and fluorspar products in the Japanese market.

The partnership aims to integrate Vietnamese tungsten into Japanese supply chains for sectors including semiconductors, artificial intelligence, aerospace, automotive, and energy. This move follows a recent strategic investment by the US-based Elmet Group, which completed its investment in MSR on October 1, 2026.

Masan Group will maintain control of MSR. The acquisition is part of a broader strategy to diversify MSR’s shareholder structure and prepare the company for a planned listing on the Ho Chi Minh City Stock Exchange (HoSE) in 2027.