India, 30th August 2023: Swarna Aditya Gold Refinery and Resources Pvt Ltd, the company behind the largest e-waste management refinery in India is seeking to boost its e-waste management operations by opening its door to new investors in a forthcoming expansion. The invitation for new stakeholders comes after the top management of the Shri Balaji Group recently decided to double down on the company’s sustainability efforts, leading the venture to make a more significant positive impact towards the environment.
Moreover, the company is seeking to capitalise on the potential growth opportunity in the e-waste management sector, which is set to grow by 12.7 % CAGR in the next 7 years, going from a valuation of USD 58.85 billion in 2022 to the projected valuation of a whopping USD 153.16 billion by 2030. Since its inception, Swarna Aditya Gold Refinery and Resources has been committed to offering comprehensive geological, mining, metallurgical, and environmental solutions while fostering global investments towards the benefits of industry, community, and the nation at large.
In fact, the aim behind raising the upcoming investments is to further uphold the principles of excellence, innovation, stakeholder value and cost-effective operations that the group stands for. At the 7000 sq ft e-waste management refinery at Manesar, Gurugram, a massive amount of e-waste is transformed into valuable metals.
Similarly, the refinery has been processing an enormous quantity of gold per day. In addition to bolstering the operations of the venture’s thriving e-waste management refinery, the inflow of capital will invigorate the production and refining of precious metals such as gold, silver and platinum up to an impressive capacity of 1
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