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Gravita India’s arm starts commercial production of Recycled Aluminum Alloys at new plant in Ghana

02 Jan 2025 Evaluate

Gravita India’s step-down subsidiary -- Recyclers Ghana has started commercial production of Recycled Aluminum Alloys from its new recycling plant having an annual capacity of around 4,000 MTPA in phase-I situated in Ghana, West Africa. Going ahead, the company has plans to increase the capacity of said plant upto 8,000 MTPA.

The company is already having similar aluminum recycling facility in Senegal, Mozambique, Tanzania, Togo and India. Further, this is in line with the company's vision of replicating the recycling business in different geographies. The Group has made investment of around Rs 6.75 crore in phase-I for procurement and commissioning of the said Recycling Plant which is invested from internal accruals of the company.

The company will be procuring domestic aluminum scrap for the purpose of production from this plant and it will cater to the needs of Automobiles and die casting industries situated in Europe & Asia. This plant will help company to change its sales mix by increasing the contribution from aluminum business.

Gravita India is a leading recycling company having its operations in Non-Ferrous Metals and Plastic Recycling.


Gravita India Share Price

1685.90 -89.50 (-5.04%)
12-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 1041.70
Vedanta 305.00
Hindustan Zinc 641.55
Jain Resource Recycl 541.80
Gravita India 1685.90
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