Page 28 - Bullion World Volume 03 Issue 07 July 2022
P. 28

Bullion World | Volume 2 | Issue 07 | July 2022


















































           stage, describing our methods and   and minted bars for the banking or   required for jewelry production. This
           schemes, welcoming them to attend   jewelry sectors. Krastsvetmet gold in   year higher demand from the private
           weighing, sampling and assaying at   Shanghai gold exchange and UAE   investing sector is expected due to
           our facilities.                   Good delivery accredited. The gold   VAT 20% abolishment where another
                                             fineness of our company can be    30 tones could be placed.
           We have contracted with major
           Russian miners for a very long time,   purer than 99,995, and impurities   Can you elaborate on your
           even though the contracts are     composition complies with every   jewelry business?
           regularly extended annually.      international standard. The second
                                             large type of product is the jewelry   The jewelry business of Krastsvetmet
           Thus, we would like to emphasize   produced by Krastsvetmet. Lastly   is precise technologies and world
           that despite any suspended        is an industrial sector, for which we   quality standards. Italian chain
           statuses, we comply with all      dedicate products such as catalytic   knitting machines fleet, in-house
           international sourcing standards   systems, bushings and class      developments of alloys, weaves,
           to produce responsibly sourced    melters, anodes, standard reference   and coating technologies are the
           products with a transparent supply   materials for the labs, stipes, and   production base. The company's
           chain.                            wires.                            flagship jewelry product is machine-
                                                                               woven chains made of gold in 5
           What are the top gold refining    The domestic market in Russia
           products produced? Does the       for gold does not consume all the   colors, platinum, rhodium-plated and
           company focus on domestic         production volumes. Traditionally,   gilded silver. The product line is more
           requirements markets or supply    a significant part of the production   than 2000 items of jewelry and semi-
           to global markets?                was always exported in large bars   finished products for jewelry.
           Traditionally, most volumes were   form, which remains our focus.
           produced in large bars, kilobars,   Approximately 30 tons of gold is




           28
   23   24   25   26   27   28   29   30   31   32   33