The company will be able to increase silver production by about 10 tonnes per month from June, Arun Misra, the chief executive of Hindustan Zinc, told Mint. This compares with the world s third-largest silver producer s annual guidance of 750-775 tonnes of saleable silver production in FY25.
Hindustan Zinc is also the best-performing metal stock in 2024 so far with a staggering return of 146% YTD. It is India s only silver producer and after recording its highest-ever silver production in FY24, it has become the third-largest silver producer globally.
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