MMTC PAMP India Pvt. Ltd. (Click to view the website)
MMTC in association with PAMP SA Switzerland has established and launched a Special Purpose Vehicle for medallion manufacture and gold / silver refining. MMTC-PAMP India Private Limited has been incorporated in 2008. Commercial production has commenced in April 2012.
MMTC-PAMP India Pvt. Ltd. has established a ‘State of Art’ gold refining and medallion manufacturing plant on a 10-acre site in Roj Ka Meo Industrial Estate, Tehsil Nuh, Mewat District of Haryana State, 40 km south of New Delhi.
MKS Holding BV, which is affiliated to PAMP SA (Switzerland), owns 72.65%, MMTC Limited (India) 26% and an MMTC Employees Entity 1.35%.
RANGE OF GOLD BARS
The company, at this time, manufactures a standard range of 7 bars.
Cast: 1000 g
Minted: 100 g, 50 g, 20 g, 10 g, 5 g, 2.5 g
The minted product capacity is 2.75 million pieces annually.
Customized bars, medallions and blanks are also manufactured for external entities. There is an in-house design studio and die-making facility, manned by technicians trained at PAMP refinery in Switzerland.
The MMTC-PAMP refinery treats mine dore (predominantly gold and silver) and jewellery manufacturer scrap. Gold refining method is based on electrolysis.
Annual gold refining capacity is approximately 100 tonnes.
The company’s Assay Laboratory is highly sophisticated, manned by technicians trained at the PAMP refinery in Switzerland.
The company also manufactures silver bars: 30 kg and 1 kg (999 fine).