Meet Rajesh Mehta: The Visionary Behind 400 Tonnes of Gold and the Valcambi Acquisition

Gold Processing and Manufacturing Capacity

• Rajesh Exports Limited (REL) is the world’s largest manufacturer of gold products, with a total installed capacity to manufacture 400 tonnes of gold products per annum. This includes jewellery, medallions, and coins.
• REL is also the largest refiner of gold in the world, with a total capacity to refine 2,400 tonnes of precious metals per year.

The Valcambi Acquisition (2015)

• In July 2015, Rajesh Exports acquired 100% of Valcambi, the world’s largest gold refinery, in an all-cash deal valued at $400 million.
• The acquisition was executed through Rajesh Exports’ wholly-owned Singapore subsidiary, REL Singapore Pte Ltd.
• Valcambi, based in Switzerland, has the capacity to refine up to 1,600 tonnes of gold and 2,000 tonnes of precious metals annually.
• In the three years prior to the acquisition, Valcambi processed and sold an average of 945 tonnes of gold and 325 tonnes of silver per year.
• The deal made Rajesh Exports an integrated player across the gold value chain, from refining to jewellery manufacturing and retail.

Additional Key Facts

• Rajesh Exports processes about 35% of the gold produced in the world.
• The company exports its products globally and supplies to bullion banks, central banks, and the wholesale and retail jewellery trade.
• Rajesh Exports operates 81 retail jewellery showrooms under the brand name SHUBH Jewellers.
• As of 2024, Rajesh Exports reported total revenue exceeding 57 billion Indian rupees.

Leadership

• Rajesh Mehta is the Executive Chairman of Rajesh Exports and played a pivotal role in the company’s growth and the Valcambi acquisition.

All the above numbers and details are directly supported by the cited sources. There are no major discrepancies between your previous article and the verified facts, but for strict accuracy, note that:

• The company’s manufacturing capacity is 400 tonnes per year, while its refining capacity (including Valcambi) is much higher (up to 2,400 tonnes per year for REL and 1,600 tonnes for Valcambi).
• The $400 million figure for the Valcambi acquisition is confirmed across multiple reputable sources.
• The average gold processed by Valcambi prior to acquisition was 945 tonnes/year, not 1,600 tonnes/year (the latter is the maximum capacity).

These are the most important and accurate figures and details based on the current, authoritative sources provided.