Asian Metal visits Hitachi Metals, Sojitz and Japan Advanced Materials

On the 30th of Novemebr 2017, Vivian Pang, the senior analyst of rare earth market from Asian Metal visited Hitachi Metals, Sojitz and Japan Advanced Materials Co., Ltd., and was warm recepted by the companies mentioned above.

On the morning of October 30th, Vivian Pang visited Hitachi Metals and communicated with Kenichiro Shimazu, magnet materials purchasing manager of the company, on the current rare earth market situation and price trend in the future. Mr. Kenichiro Shimazu highly recognized Asian Metal’s information and noted that their company takes Asian Metal’s rare earth prices for reference when they sign purchasing contracts with suppliers.

On the afternoon of October 30th, Vivian Pang visited Sojitz. Goro Kikuchi,Shin Kimura, Eri Fujiyama, Norifumi Matake and Hiroki Kusada, purchasing managers in Chemical resource department of the company, gave a warm reception to her. Both sides exchanged their opinions of price trend for rare earth products and current supply and demand situation of the material in the Japanese market. Mr. Goro Kikuchi revealed that prices for rare earth products dropped and Japanese consumers were inactive to purchase, but in the long run, prices for the material had the potential are supposed to go up in the coming years. He and other people who receipted Vivian Pang thought highly of Asian Metal’s information, and also disclosed that they purchased and sold products according to the prices from Asian Metal. In addition, they said that they would attend the 10th International Rare Earth Summit, which is going to be held by Asian Metal in Sanya, Hainan, on May 10-11, 2018.

Afrerwards, Vivian Pang visited Japan Advanced Materials Co., Ltd., and had a harmonious talk with Shigeo Nakamura, GM, and Mirali Amayama, vice general manager and Hirokazu Tomoda, Strategist of Strategic Marketing from the company. Mr. Shigeo Nakamura claimed that they sold advanced materials, including rare earth, tungsten, molybdenum, tantalum & niobium, and other products based on Asian Metal’s prices and the company plan to attend Asian Metal’s 10th International Rare Earth Summit.