Hindustan Zinc honoured with the title ‘India’s Largest Silver Miner and Refiner’ by IGC Excellence Award Committee
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– Through a transparent selection process, IGC recognises and awards outstanding performance by industry players.
-Hindustan Zinc’s online portal initiative was applauded by the IGC Excellence Award Committee.
Udaipur, 12th Friday: The IGC Excellence Award Committee presented Hindustan Zinc with the award ‘India’s Largest Silver Miner and Refiner’ at the Marriott in Jaipur. Hindustan Zinc Limited received the award for their online portal initiative, which enabled silver users to get metal during the most difficult period of COVID-19 led lockdown in FY20 and FY21. Ms. Amrita Singh (Chief Marketing Officer) received the award on behalf of Hindustan Zinc.
To eliminate manual intervention, the company began selling silver spots through an e-auction, giving all the buyers an equal chance to compete and complete price transparency during sales. The ceremony was graced by XXX.
Eventell Global Advisory Private Limited and the India Bullion & Jewellers Association (IBJA) collaborated to organise the event. The Indian Gold Conference (IGC) strives to provide a neutral platform for the gold bullion industry to connect, discuss, and deliberate on the sector’s future.
Hindustan Zinc is India’s only major silver producer, ranking sixth among the world’s top silver producers. The company serves a wide range of markets, including the industrial sector (electrical components, solders and alloys, and pharmaceuticals), as well as jewellery and silverware. The world-class, silver rich Sindesar Khurd Mine (SKM) of Hindustan Zinc is India’s largest underground mine, with a capacity of 6 million tonnes. In FY21, the company produced the most silver it has ever produced, at 706 tonnes, up 16% year over year. Higher output from current and new silver-rich resources, as well as improved process recovery, are driving the company’s goal of reaching 1,000 tonnes in the coming few years. This will place them in a position to become one of the world’s top three silver producers.
About Hindustan Zinc Limited:
Hindustan Zinc, a Vedanta Group Company, is one of the world’s largest and India’s only integrated producer of Zinc-Lead and Silver. The Company has its Headquarter at Udaipur in the State of Rajasthan where it has its Zinc-Lead mines and smelting complexes. 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 is ranked 1st in Asia-Pacific and globally 7th in Dow Jones Sustainability Index in 2020 amongst Mining & Metal companies. Hindustan Zinc is a certified Water Positive Company, a member of the FTSE4Good Index and has scored ‘A’ rating by CDP for climate change.
Being a people-first company, Hindustan Zinc believes in inculcating the values of Trust and Excellence to have a culture of high-performance in its workforce. 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 2021’, ‘Company with Great Managers 2020’ by People Business and the PeopleFirst HR Excellence Award.
As a socially responsible corporate, Hindustan Zinc has been relentlessly working to improve the lives of rural and tribal people residing near its business locations. The company is amongst the Top 15 CSR Spenders in India and are currently reaching out to 700,000 people in 184 villages of Rajasthan, 5 in Uttarakhand and 16 villages in Gujarat. As a market leader, Hindustan Zinc governs about 78% of growing Zinc market 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.
For further information, please contact:
Ms. Dipti Agrawal
Head – Corporate Communications
Hindustan Zinc Limited
