# Stavian Industrial Metal and LMAT sign strategic cooperation MoU

Stavian Industrial Metal and LMAT Co.,LMT signed a Memorandum of Understanding for strategic cooperation on May 10, 2024, covering supply of input materials, output consumption, joint research, and expansion of LMAT's production projects in Vietnam, including a recycled aluminum ingot plant.

- Type: Partnership
- Announced: 2024-05-10
- Where: Vietnam, Vietnam
- Status: announced
- Products: recycled aluminum ingot, industrial metal, petrochemicals, chemicals, green energy
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Stavian Industrial Metal Joint Stock Company](https://endata.com/companies/77395.md)
- [Stavian Industrial Metal Joint Stock Company](https://endata.com/companies/77395.md) (partner)
- [LMAT Co.,LMT](https://endata.com/companies/77396.md) (partner)

## Sources

- [stavian.com](https://stavian.com/the-memorandum-of-understanding-for-strategic-cooperation-signing-ceremonybetween-stavian-industrial-metal-and-lmat-co-lmt/), 2024-05-14: "The signing ceremony marks a significant step in building the relationship between the two companies and enhances their competitive capabilities."
- [stavian.com](https://www.stavian.com/en/news-updates/the-memorandum-of-understanding-for-strategic-cooperation-signing-ceremony-between-stavian-industrial-metal-and-lmat-colmt-68), 2024-10-22: "The signing ceremony marks a significant step in building the relationship between the two companies."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.