THE FANYA visits Asian Metal

On June 9th, Scarlett Zhang, Vice President of THE FANYA Metal Exchange, as well as Lina Yang, assistant of Marketing Director, visited Asian Metal and were welcomed by Tiger Pan, President of Asian Metal, Bruce Zhang, General Manager of Minor Metals Department and Cassie Cao, Analyst of indium, gallium and germanium markets.

Set up on April 21st, 2011, eight categories such as indium, germanium, gallium, bismuth, cobalt, tungsten, silicon and silver with over 10 varieties have been listed on the THE FANYA. With the mission of improving the industry chain values of Chinese rare metals and becoming of the international pricing center of rare metals, THE FANYA is the largest platform of spot goods investment and trading.

Scarlett Zhang noted that THE FANYA mainly provides sales and financing services for enterprises. Investors can enjoy convenient and efficient services from the company. The company has its own accurate databases which can be reference for some government departments in China to price for metals. The total turnover of THE FANYA has been RMB150 billions and the trading turnover for non-ferrous metal companies have reached to RMB6 billions until now. Among those listed products, the stock of indium is around 1000t and becomes the biggest one. Besides, the total volume of gallium amounts to about 20t from March on. Ms Zhang also hoped that Asian Metal can keep good communication with THE FANYA about the market information and they will seek more opportunities of cooperation with Asian Metal in the future.