Hindustan Zinc Is Now the World’s 3rd Largest Producer of Silver, Says a Report
- Indian Masterminds Bureau
- Published on 19 Apr 2024, 12:59 pm IST
- 1 minute read
Highlights
Hindustan Zinc pioneers in zinc, lead and silver businesses, was already the world’s second-largest integrated zinc producer, and now it is also the third-largest silver producer globally
On April 18th, Vedanta Group firm Hindustan Zinc announced that it had achieved the momentous milestone of becoming the third-largest producer of silver in the world.
The Chairperson of Hindustan Zinc, Ms. Priya Agarwal Hebbar, illustrated that silver plays a pivotal role in the global energy transition and Hindustan Zinc’s production growth of 5 per cent year-on-year is attributed to increased ore production and enhanced grades, reinforcing its status as a pivotal player in the global silver market. Hindustan Zinc pioneers in zinc, lead and silver businesses, had already been the world’s second-largest integrated zinc producer, and now it is also the third-largest silver producer globally.
The company (headquartered in Udaipur) boasts a market share of 75 per cent of the growing zinc market in India along with zinc, lead mines, and smelting complexes spread across Rajasthan.Related Stories
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