Hindustan Zinc Wins India Silver Conference Excellence Award 2023

Hindustan Zinc Wins India Silver Conference Excellence Award 2023 

Largest Integrated Silver Manufacturer

Hindustan Zinc

Hindustan Zinc, a Vedanta group company and India's leading zinc-lead- silver producer, has achieved a remarkable milestone by winning the prestigious India Silver Conference Excellence Award 2023 for being the India’s Largest Integrated Silver Manufacturer. This recognition comes as Hindustan Zinc ascends to the rank of the 3rd largest silver producer globally, as confirmed by the World Silver Survey 2024 conducted by The Silver Institute.

The award acknowledges Hindustan Zinc's commitment to excellence, innovation, and sustainable practices in the silver manufacturing sector. The company's consistent growth of 5% year-on-year is attributed to increased ore production and enhanced grades, solidifying its status as a key player in the global silver market. 

"We are thrilled to receive this esteemed award, which reflects our dedication to driving innovation in our operations. Our ascent from the 5th position to 3rd largest position with highest ever production of 746 MT, reflects our ongoing efforts to foster growth and create enduring value. This recognition underscores our relentless pursuit of excellence and our focus on sustainability across our value chain." said Mr. Arun Misra, CEO of Hindustan Zinc.

Hindustan Zinc's Sindesar Khurd Mine stands as the world's 2nd top silver-producing mine, further accentuating the company's significant contribution to the silver industry. From a modest silver production capacity of 41 MT in 2002, Hindustan Zinc has surged to a leadership position, boasting a production capacity of 746 MT, showcasing its relentless pursuit of excellence and industry-leading practices.

Hindustan Zinc is renowned for its state-of-the-art facilities, advanced technology, and environmentally responsible practices. The company's integrated approach to silver manufacturing ensures efficiency, reliability, and minimal environmental impact, aligning with global sustainability goals. 

About Hindustan Zinc Limited
Hindustan Zinc, a Vedanta Group company in Zinc-Lead and Silver business is world’s 2nd largest integrated Zinc producer and now the 3rd  largest Silver producer. The company has a market share of ~75% of the growing Zinc market in India with its headquarters at Zinc City, Udaipur along with Zinc- Lead mines and smelting complexes spread across the state of Rajasthan.

Hindustan Zinc is self-sufficient in power with captive thermal power plants and has ventured into green energy by setting-up wind power plants. The company ranked first in the S&P Global Corporate Sustainability Assessment in 2023 amongst Metals & Mining companies reflecting & reaffirming its constant commitment towards sustainable and responsible mining practices. Hindustan Zinc is a certified Water Positive company and is the only Indian company to be recognized at the S&P Global Platts Metal Award 2022 winning two prestigious awards for ‘Industry Leadership Award – Base, Precious & Specialty Metals’ Award and ‘Corporate Social Responsibility’ Award. Hindustan Zinc is also the only Indian company in Mining sector with validated & approved SBTi targets in alignment with 1.5 °C target. 

The company takes pride in having some of the best-in-class people practices and employee-centric initiatives, which have certified Hindustan Zinc as – ‘Great Place to Work 2023’, ‘Company with Great Managers 2022’ by People Business and the ‘People-first HR Excellence Award’. Along with that, Hindustan Zinc has been recognized with the coveted CII HR Excellence Award, leading in HR innovation with a 600+score.

As a socially responsible corporate, Hindustan Zinc has been relentlessly working towards transforming lives of 1.9 million people in 3,685 villages in the states of Rajasthan and Uttarakhand with a spend base of INR 269.3 crores in FY24 for various community development initiatives and is amongst the Top 10 CSR Companies in India. 

Learn more about Hindustan Zinc on – https://www.hzlindia.com/home/ and follow us on LinkedIn,  Twitter,  Facebook, and Instagram for more updates.

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