World’s Largest Gold Refinery : Only Here Robots Makes Gold Bars, Know more Interesting Facts
Gold is the most valuable part of world economy. In India,every marriage is incomplete without gold. Not even marriage but gold is essential ornament of every women. But have you thought how this gold becomes? here is the answer …
Valcambi Suisse is the world’s largest gold refinery of precious metals in the world with an annual production capacity of 2,000 tonnes. The Valcambi refinery is located in Balerna in the south of Ticino, near the Swiss – Italian border and very close to two other giant precious metals refineries in Switzerland, namely PAMP and Argor-Heraeus. These three refineries together represent a significant part of the gold market in Switzerland.
In July 2015, Valcambi was bought by the Indian company Rajesh Exports in 40 crore dollar ( 2,880 crore rupees) the world’s biggest gold jewellery manufacturer. Rajesh Exports was founded in 1988, became India’s biggest exporter of gold in 1994, floated on the Indian stock market in 1995, and became the world’s largest gold jewelry manufacturer in 2003.However, the refinery is still run by a Swiss management team, so it is the usual business.
Toady I am going to tell you Interesting facts about world’s largest gold refinery in Switzerland
1. Valcambi manufactures a wide range of investment bars for gold, silver and platinum / palladium, as well as the famous Combibar, precious metal coins and medals, gold and silver grains and semi- finished products for the Swiss watch and luxury jewellery markets.
2.The wholesale bars of Valcambi are accredited by the London Bullion Market Association, the London Platinum and the Palladium Market for good delivery and are accepted for settlement on the world’s main exchanges of gold and gold futures.
3. This Gold refinery refines approx 1200 tons Gold every year. World’s 35 percent gold is refines here only. After this Australia’s perthmint refinery, with annual capacity of around 500 metric tons.
4. It is the only world’s largest gold refinery that makes gold by robotic process without any human intervention.The purity factor is its flagship speciality. Gold Refinery, which is awarded for high quality including London bullion market association.
5.Here the gold melts at a temperature of about 1100 degrees Celsius,then high technology refining is occured. After this pure gold comes out.Gold comes from different different mines of the world here.Let you know that about 40 to 80 percent of the raw material is gold comes out .
6.The employees who work in the refinery are given full training before handing over the work to the employees from 15 days to 1 month, giving them special type of clothes. Get those who are able to temperature.
7.Rajesh Exports is the world’s only one among the top seven companies in the Fortune 500, Rajesh Exports is the only company in the world, with the full value chain available from gold design to selling jewellery to the customers. There is no stitching in the jewellery but due to laser technology joints are added to jewellery.
The glow of gold can never be faded It is said that buying gold is always auspicious !!
Stay connect with us for more latest updates & Dont forget to share !!