Vedanta Group firm Hindustan Zinc’s mined metal production increased by 14 percent to 219,000 tonnes in Q2FY18 on account of higher volumes from underground mines. However, Q-o-Q production declined by 6% due to lower ore treatment.
During the quarter, integrated zinc metal production was 192,000 tonnes, 29% higher y-o-y and flat sequentially. Integrated lead metal production was 38,000 tonnes, 24% higher y-o-y and 9% higher q-o-q. This was in line with availability of mined metal and smelters. Besides, integrated silver production was at a record high of 140 tonnes, up 31% y-o-y and 22% q-o-q in line with higher lead production.
Hindustan Zinc, the world’s second biggest zinc producer, operates the world’s third largest open-pit mine, and world’s largest Zinc Mine in Rampura Agucha, Rajasthan. It has other mines in Sindesar Khurd, Rajpura Dariba, Kayar and Zawar, all in Rajasthan. Cairn India’s Mangala field in Rajasthan is the largest onshore oil discovery in India in more than 20 years.
Company Name | CMP |
---|---|
Hindalco | 620.00 |
Vedanta | 395.85 |
Hindustan Zinc | 449.80 |
Gravita India | 901.40 |
Ram Ratna Wires | 365.95 |
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