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Hyperion Materials & Technologies will acquire Electronica Tungsten Ltd, a Nashik, India-based manufacturer of tungsten carbide products, to strengthen its presence in the Asia-Pacific market. Electronica Tungsten specializes in products for wear applications in various industries, including oil and gas and mining.

The acquisition, anticipated to close by the end of Q1 2026, will improve Hyperion's manufacturing footprint and customer service capabilities in Asia. It will also enable better recycling of tungsten carbide scrap.