US private equity firm invests $100m, Nui Phao tungsten miner
US private equity firm Mount Kellett Capital Management has invested $100 million in Masan Resources, a subsidiary of Vietnam s Masan Group that owns the Nui Phao tungsten mine. Masan Group will hold a 64% stake in Masan Resources while Tiberon Minerals and Mount Kellett will hold 16% and 20% respectively. Tiberon Minerals is owned by funds managed by Vietnam-based asset manager Dragon Capital. Nui Phao is...
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