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30 January 2009


HZL to provide silver price updates daily

Source: Commodity Online

Hindustan Zinc Ltd will be adding Silver Prices as part of its price update services for key commodities including lead, zinc and cadmium. The Zinc-Lead prices are being updated every Thursday and Saturday and Cadmium Prices every Monday on the site on 'www.hzlconnect.com'.

Silver is a by-product and comes out with lead. The new entrant 'Sindesar Khurd Mine'
of Hindustan Zinc in Rajasthan is also known for high silver content.Besides other mines, this mine is also under expansion.

Currently Hindustan Zinc is producing about 100 tonnes of silver and is poised to produce about 500 tonnes of silver once the ongoing expansions are completed. This would also make Hindustan Zinc as one of the largest producer of silver in Asia.

Hindustan Zinc, a Vedanta Group company , is the second largest integrated lead-zinc producer and also one of the lowest cost zinc-lead producers in the World. The Company's captive mines are located at Rampura Agucha, Rajpura Dariba and Zawar; and smelters at Chanderiya and Debari, in the State of Rajasthan and Vizag in the State of Andhra Pradesh. The Rampura Agucha mine is counted amongst the top three zinc-lead mines in the World and Chanderiya Smelter Complex amongst the largest smelters complex in the World.