Vital Materials Explained

Vital Materials
Type:Private
Founders:Zhu Shihui

Vital Materials is a company established in 1995 that primarily refines minor metals.[1] [2] [3]

History

Zhu Shihui, formerly an employee of Sumitomo, founded the firm in 1995.[1] Vital Materials purchased a large amount of indium at auction formerly held by Fanya Metal Exchange in 2020.[3]

Notes and References

  1. News: Burton . Mark . The Little Known Metals Giant that Rules a Global Market . 25 July 2023 . Bloomberg.com . 25 July 2023 . en.
  2. News: Jiang . Michael . Vital Materials emerged as biggest buyer of Fanya minor metal stocks_SMM Shanghai Non ferrous Metals . 25 July 2023 . news.metal.com . 15 February 2020.
  3. News: Burton . Mark . Farchy . Jack . Obscure Chinese Company Buys Vast Stock of Metals U.S. Labels 'Critical' to Industry . 25 July 2023 . Bloomberg.com . 23 January 2020 . en.

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