Tuesday, 02 January 2024 12:17 GMT

Monetary Metals Leases Silver To Italian Manufacturer Pietro Galliani Brazing S.P.A.


(MENAFN- PR Newswire)

Based in Vergato, Italy, PGB has a global customer base and has been in business for over a century. The lease provides PGB with physical silver used in the production of cadmium-free silver-based alloys and other specialty materials.

"We're thrilled to partner with Pietro Galliani Brazing," said Keith Weiner, CEO of Monetary Metals. "They combine technical excellence with a long and storied legacy of craftsmanship. This is exactly the kind of real-world use case our gold and silver leases are built for."

PGB is ISO certified and maintains rigorous inventory and financial controls. Under the terms of the lease the company will report inventory daily and insure the leased metal at 110% of its replacement value.

"Partnering with Monetary Metals provides us with a flexible, long-term solution for financing our critical raw materials," said Marco Galliani, Managing Director of PGB. "Their model supports our production process while preserving working capital-and that's a win for our operations and our clients."

Monetary Metals' True Gold and Silver Leases enable clients to earn a yield on their metal while supporting companies that use precious metals in manufacturing, jewelry, refining, bullion dealing and other business lines. For more information, please visit monetary-metals.

About Monetary Metals

Monetary Metals® is Unlocking the Productivity of GoldTM by offering a Yield on Gold, Paid in Gold® to investors, and Gold Financing, SimplifiedTM to gold-using businesses (mints, miners, refiners, jewelers, etc.). Since 2016, individuals and institutions around the world have been earning interest in gold and silver every month through their Gold Yield Marketplace®. For more information, visit .

Monetary Metals Contact Information:
Dickson Buchanan Jr.
Vice President Marketing
[email protected]
646-653-9729

For additional information or press inquiries, please contact [email protected]

About Pietro Galliani Brazing S.p.A.

PIETRO GALLIANI BRAZING S.p.A. has been operating in the metallurgical sector for over 100 years. Since 1995, it has established itself as a European leader in the production of brazing materials, all 100% manufactured in its facilities located in Vergato, approximately 50 kilometers south of Bologna, Italy.

Thanks to continuous investment in research and development and a constant focus on quality, the company is able to supply its clients with all the main alloys and fluxes used in the brazing industry. It also develops, produces, and promotes a complete range of related products and services, tailored to meet the technical needs of a wide range of applications.

The product portfolio includes over 1,000 brazing alloys and fluxes, available in various formats and compositions to support industries such as HVAC, automotive, refrigeration, and tooling and its quality management system ensures full traceability of all production batches.

With a strong international presence and a solid distribution network, the company serves customers in more than 40 countries, offering technical support, customized solutions, and a highly reliable supply chain.

Galliani Brazing S.p.A. Contact Information:
[email protected]
+39 051 910 061

SOURCE Monetary Metals & Co.

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