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Gravita India signs Rs 125 cr pact with Sorin Corp for supplying refined lead ANI | Updated: Jan 18, 2021 12:36 IST Jaipur (Rajasthan) [India], January 18 (ANI): Industrial recycling major Gravita India said on Monday it has signed a Rs 125 crore agreement with Sorin Corporation, a subsidiary of Korea Zinc Co Ltd for supplying 8,000 tonnes of refined lead. Yogesh Malhotra, Whole-time Director at Gravita India, said the contract to be executed this year will help the company strengthen its market presence in Southeast Asia. Korea Zinc is a world s leading non-ferrous metal smelting company that has served as a foundation for the growth of base metal industry in South Korea. Established in 1974, it produces 1.2 million tonnes out of various types of non-ferrous metals from zinc to lead, gold, silver, copper as well as rare materials like indium. ....
Industrial recycling major Gravita India said on Monday it has signed a Rs 125 crore agreement with Sorin Corporation, a subsidiary of Korea Zinc Co Ltd for sup ....
Gravita India rose 3.46% to Rs 80.75 after the company secured an order worth about Rs 125 crore for supplying refined lead to South Korea s Sorin Corporation.Gravita India has signed an annual agreement with Sorin Corporation, a subsidiary of Korea Zinc Co, for supplying of approx 8,000 MT of refined lead to be executed in calendar year 2021. At current lead prices, the contract would be approximate valued at Rs 125 crore. Korea Zinc is a world s leading non-ferrous metal smelting company that has served as a foundation for the growth of the base metal industry in Korea. Yogesh Malhotra, whole-time director, Gravita India said: We are delighted to announce our association with Korea Zinc, which is one of the largest non-ferrous metal smelting companies in Korea and probably the world. This contract will help the company to strengthen its market presence in the South East Asian market. ....