Vital acquires former Recylex PPM Pure Metals industrial site in Germany

China-based minor metals producer Vital Materials has acquired the industrial site of PPM Pure Metals at Langelsheim, Germany.

Vital will operate the assets through a newly established subsidiary, Vital Pure Metal Solutions GmbH (VPMS), that will be fully integrated into Vital’s global network as a platform to provide sales and recycling solutions to the global customer base, Vital told Fastmarkets on Tuesday January 5.

The PPM plant had produced high purity minor metals including antimony, gallium, germanium, tellurium and their compounds and was previously part of Paris-listed Recylex Group. But in May, due to financial issues aggravated by Covid-19, all the German...

Published

Cristina Belda

January 05, 2021

17:49 GMT

London