Valcambi's new silver refinery slated to start by October 2016
Rajesh Exports announced that the Company has repaid the debt it had availed from Credit Suisse, Zurich within first year of acquisition of Valcambi.Further, the Company updated that new management of Valcambi has successfully integrated the functioning of Valcambi with the Rajesh Exports Group. Valcambi has performed well and grown in volumes and profitablitiy during the last six months under the new management. All the employees of Valcambi have been retained and a new silver refinery of global standards is in the process of completion, which is expected to be completed and commercial production to be started by October 2016.
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