Gravita India Secures LME Brand Accreditation for Lead Metal Produced at Mundra Plant
Gravita India Limited has received the prestigious London Metal Exchange (LME) Brand Listing Certificate for lead metal produced by its Alloying and Refining Division located in Mundra, Gujarat. The product will be listed globally under the brand name "GRAVITA M."This accreditation positions Gravita as one of a select group of Indian secondary lead smelters whose products are approved by the LME. The LME brand registration is recognized globally as a stringent quality benchmark within the metals industry, confirming high standards in product consistency and reliability.
With the successful registration of "GRAVITA M," Gravita's lead metal now holds eligibility for delivery at all LME-approved warehouses worldwide. This milestone significantly enhances the company's credibility in international markets, offering new opportunities for global business expansion.
The achievement complements Gravita’s existing presence in the domestic market. The company has facilities located in Chittoor, Mundra, and Phagi that are already empaneled with the Multi Commodity Exchange (MCX) in India.
Gravita Group operates as a globally recognized recycling enterprise, engaged in the recycling and manufacturing of Lead, Aluminium, Plastics, Lithium, Rubber, and Copper across various geographies. The company remains committed to sustainability and value creation throughout the recycling value chain while contributing to the circular economy.
GREAVESCOT Stock Price Movement
Greaves Cotton Limited slipped on Wednesday, settling at ₹191.81 after the stock shed 0.35% in trading. The equity traded within a range defined by a high of ₹195.2 and a low of ₹189.5, with 1.22 million shares transacted throughout the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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