Vital Materials
TypePrivate
Founded1995 (1995)
FoundersZhu Shihui

Vital Materials is a global 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]

References

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