Indian lead producer and recycler Gravita has launched commercial production of lead from a subsidiary operation in Ghana, West Africa.
Recycler Ghana Limited said the US$3.1 million Ghana facility has an initial production capacity of 6,000 metric tonnes per annum (MTPA). An additional 6,000 MTPA capacity is set to come on stream at the plant from July 2019.
Lead produced in Ghana will give the company a “strategic advantage” in serving the European and US markets, Gravita said. The plant will also help the group save on logistics costs.
Gravita said expected annual revenue from the new plant is expected to be around US$16.5m in fiscal year 2019-20. However, at the time of going to press, Gravita had not given details of the recycling technology involved.
The Ghana launch comes just weeks after Gravita started commercial production of lead from its new battery scrap recycling plant in Tanzania, East Africa.
The company said its Gravita Tanzania subsidiary has a production capacity of around 3,000MTPA and the facility is the group’s first “export oriented recycling plant” in the country.
Gravita said earlier this year it planned to open a total of nine new lead battery scrap sourcing centres in Africa— to feed its expanding recycling operations on the continent and boost the group’s bottom line.