Singapore-based metals trader Kyen to set up London office

Melbourne

SINGAPORE-based metals trader Kyen Resources said that it is setting up a trading desk in London as it pushes to expand its recycled metals and concentrates trading business.

Kyen, partly owned by Chinese company Shenzhen Feima International Supply Chain Co, said late last week that it had hired 12 employees for its British office and that more would join in the coming months.