Hindustan Zinc becomes ninth-largest silver producer in the world

India’s zinc and lead major Hindustan Zinc (HZL), from Anil Agarwal-led Vedanta group, has become the world’s ninth largest silver producer in calendar year 2018 (CY18). The firm improved its ranking from last year’s 11th spot, according to the data provided by Washington-based Silver Institute, a global body of all silver stakeholders, from mines to consumers.

Also, India has become the 12th largest silver producer in the world, from last year’s position of 13.

In its World Silver Survey 2019, released early this week, the institute said, “Silver output in Asia in 2018 increased to 5,809 tonne and the biggest growth was