Page 9 - Bullion World Volume 03 Issue 5 may 2023

Bullion World | Volume 3 | Issue 5 | May 2023

Mr Arun Misra- CEO & Whole in India goes for jewellery making
Time Director, Hindustan Zinc with minimal contribution from
Limited (HZL), Vedanta Group industrial applications. The
industrial application of silver would
About Hindustan Zinc: Hindustan be the next big happening in the
Zinc is the world’s second-largest consumption story. The policy
integrated producer of Zinc and 5th governing the sector supports the
largest Silver producer in the world. industry’s overall growth. India has
tremendous potential for silver, and
Highlights of the speech HZL aspires to play an important role
India’s appetite for silver dates in the development of the industry.
back to 1800 BC, with silver coins Certain regions of Rajasthan along
reported to be in use in 600 BC. the Aravali region adjoining Gujarat
India consumes nearly 8000 tons holds huge potential for silver and
of silver per year; the domestic other metals. The government of
Mr Arun Misra
production estimated at 700 tons, Rajasthan should free up exploration
with HZL being the primary silver and prospecting and unleash the
producer in the country. Most of opportunity for growth in mining, and
the Silver mined and manufactured downstream industries.

Dr Chetan Kumar Mehta, National water purification systems, and more
Vice President- IBJA (India applications of daily use.
Bullion and Jewellers Association
Ltd.) Silver is considered to be an
important industrial metal and can
Highlights of the speech be used for a variety of products due
Silver has been used for centuries to its distinct properties since silver
in jewellery as well as industrial is a highly thermal and electrical
applications. Silver represents purity, metal that can be used for water
beauty, and strength. Silver offers purification and electronics such
a sustainable way to grow in these as computers. IBJA invites all
unprecedented times. Being highly participants to become members
malleable and ductile like gold, silver of World Silver Council. Also, IBJA
is a key component in electronic invites all the silver jewellery and
devices and other industrial silverware manufacturers to join
applications like solar panels. Silver the Silver Show of India scheduled Dr Chetan Kumar Mehta
finds applications in photography, between 8 and 11 June 2023.
the manufacturing of battery cells,

Mr Michael DiRienzo the purpose of bringing in industry
Executive Director of participants of various spectre. The
The Silver Institute world knows India is one of the major
players in the silver industry, with the
Highlights of the speech Institute looking forward to playing a
The Silver Institute is a global proactive role.
industry association that celebrated
its 50 years of existence. The main We at the Silver Institute strive for
objective of the institute is to develop excellence and help foster research
markets and products for silver. The and developments in all the various
institute also comes out with periodic sectors of silver which will help in the
reports on silver like Annual Silver development of the industry and also
Mr Michael DiRienzo Survey and a bi-monthly magazine. help facilitate knowledge in all the
India Silver Conference has served various categories of silver.

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