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Vedanta’s total production at Zinc International rises 62% in Q1FY22

14 Jul 2021 Evaluate

Vedanta’s total production at Zinc International rose 62 per cent to 61,000 tonnes in the first quarter of the ongoing fiscal. Total production for Q1 FY22 was 61,000 tonnes, higher by 62 per cent as compared to Q1 FY21 mainly due to higher Gamsberg production due to ramp up and COVID lockdown restrictions which were in place in Q1 FY21.

The cast metal aluminium production (including trial run) at its smelters in Jharsuguda and BALCO increased by 17 per cent to 5,49,000 tonnes in Q1 FY22, over the year-ago period mainly due to ramp-up of pots. There was no production at Goa due to suspension of mining operations.

Vedanta is a diversified natural resources company, whose business primarily involves producing oil and gas, zinc- lead-silver, copper, iron ore, aluminium and commercial power.

 

Peers
Company Name CMP
Hindalco Industries 981.90
Vedanta 264.35
Hindustan Zinc 576.05
Jain Resource Recycl 284.70
CMR Green Tech 216.55
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