Fanya rare earths exchange investors demand money back
Published: Thursday, 16 July 2015
The Fanya Metal Exhange, a significant Chinese trading post for rare earths, has seen investors protest outside its offices this week. They are demanding their money back for products which they claim have changed, in addition to controls on withdrawal amounts.
More than 800 investors gathered in
Kunming, Yunnan earlier this week to demand their money back
from China’s Fanya Metal Exchange, a major trading
platform for rare earths, vanadium, and other minor metals.
The exchange, which is being watched "very closely" by minor
metal producers according to Metal Bulletin, has