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    HINDUSTAN ZINC SLIVER

    Hindustan Zinc sees exponential growth in demand for silver going ahead

    Hindustan Zinc projects a substantial increase in silver demand, targeting higher production levels this year. The company's focus on maximizing silver output aligns with the soaring demand and prices, driven by industrial applications, precious metal usage, and the solar RE transition.

    Raise a toast to zinc! This commodity has Anil Agarwal smiling ear to ear

    The cash getting wired to Vedanta from Hind Zinc's dividend still amounts to $720m. That's enough to pay the UK-based company's $508m obligations this year.

    Hindustan Zinc eported a 42.96% jump in its net profit at Rs 1,771.27 cr for the quarter ended March 31, 2011 on the back of highest ever production of sliver and zinc.

    Silver prices have doubled in the past 12 months, closely on the heels of the boom in commodity prices.

    The Economic Times
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