Udaipur, April 29, 2025 -  Hindustan Zinc Limited (NSE: HINDZINC), India’s only and amongst the top five silver producers globally, was awarded with the prestigious title of India’s Largest Integrated Silver Manufacturer 2024 at the 3rd edition of the India Silver Conference 2025, held in Udaipur.

This recognition is a testament to Hindustan Zinc’s (HZL) strategic focus and operational excellence, empowering the company to meet the rising demand for this precious metal driving the clean energy transition.

Alongside receiving the honour, the company also put on exhibit London Bullion Market Association (LBMA) certified 99.99% purity marked 30 kg and 1 kg silver bars, alongside a few pieces of galena – the ore from which silver is produced, sourced from the company’s Sindesar Khurd Mine in Rajasthan.

Sindesar Khurd Mine has the distinction of being among the top five silver-producing mines globally.

Meeting Global Standards

HZL’s silver offerings, including 30 kg and 1 kg bars as well as silver powder, are internationally certified and adhere to the highest global standards. The company’s Pantnagar Metal Plant is accredited under the Responsible Silver Guidance framework by the London Bullion Market Association (LBMA) demonstrating HZL’s commitment to ethical sourcing, advanced production techniques and a sustainable value chain.

This year’s conference brought industry leaders and stakeholders to deliberate on the evolving macroeconomic currents shaping the silver ecosystem.

The conference commenced with a keynote address by Arun Misra, CEO, HZL, setting the tone for high-calibre deliberations on demand resilience and future-forward strategies.

He said “At Hindustan Zinc, we take immense pride in being a global frontrunner in silver production. Our strategic positioning allows us to cater to the rising demand for this versatile metal. With silver prices touching historic heights, the metal has emerged as a pivotal enabler in the clean energy transition. Our silver, refined at our Pantnagar facility in Uttarakhand, is produced using 100% renewable energy, reinforcing our commitment to sustainable and responsible production.”

Speaking at one of the panel discussions, Vijay Murthy, Chief Marketing & Sales Officer at HZL, highlighted silver’s expanding relevance across critical sectors.

HZL’s pavilion, themed "At the C’ORE’ of the Clean Energy Transition", emerged as a centrepiece of the event, attracting widespread acclaim for its innovative presentation. Delegates were particularly drawn to the immersive 3D augmented reality experience booth, which offered a virtual tour of the world’s largest underground zinc mining operations in Bhilwara and the world’s largest zinc-lead smelting facility in Chittorgarh.

Increasing Global Demand

Silver, a key energy transition metal, is indispensable across a broad spectrum of industries, from solar energy and high-end electronics to Artificial Intelligence, nanotechnology, biotechnology, jewellery and silverware. With superior conductivity and innate antimicrobial attributes, silver is at the heart of next-generation technologies spanning solar photovoltaics, electric mobility, medical diagnostics and smart consumer devices. HZL is primed to meet this escalating global demand.

Since the company’s disinvestment by the government in 2002 and subsequent acquisition by Vedanta, the company has achieved a phenomenal 20-fold increase in silver production, recognising it as one of India’s most successful disinvestment stories. Before Vedanta’s acquisition, HZL was producing only a miniscule amount of silver and India was primarily dependent on imports for silver.

Most Sustainable Metals and Mining Company

Along with being one of the world leaders in silver production, HZL is also well regarded for its sustainability practices. Recognised as the World’s Most Sustainable Metals and Mining Company by S&P Global Corporate Sustainability Assessment 2024, HZL has set industry benchmarks for environmental and social stewardship. As silver demand grows in critical industries, HZL is actively leading India’s economic growth and the global energy transition while leading the way with innovation, responsibility and purpose.

HZL, a Vedanta Group company, is the world’s largest integrated zinc producer and amongst the top five silver producers globally. The company supplies to more than 40 countries and holds a market share of about 77% of the primary zinc market in India. The company also launched EcoZen, Asia's first low carbon 'green' zinc brand, produced using renewable energy. HZL is also a certified 2.41 times Water-Positive company and is committed to achieving Net Zero emissions by 2050 or sooner. As an energy transition metals company, HZL is pivotal in providing critical metals essential for a sustainable future.