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Hindustan Zinc's mined metal production marginally up in Q1

04 Jul 2023 Evaluate

Hindustan Zinc's mined metal production rose by 2% to 257,000 tonnes in the first quarter ended June 30, 2023 (Q1FY24) as compare to 252,000 tonnes in the Q1FY23, on account of higher ore production largely at Rampura Agucha & Kayad mines supported by improved mined metal grades and better mill recovery. 

Hindustan Zinc's refined metal production in first quarter was at 260,000 tonnes; sequentially, it was lower by 4% in line with plant availability. Integrated zinc production was at 209,000 tonnes, up 1% year-on-year (YoY) and down 3% quarter-on-quarter (QoQ). Refined lead production was at 51,000 tonnes down 6% YoY and QoQ in line with plant availability. Saleable silver production was 5.8 moz, up 1% YoY and down 2% QoQ, in line with lead metal production and higher WIP depletion. The wind power generation was down by 13% at 130 million units (MU) for the First quarter of the current financial year.

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.


Peers
Company Name CMP
Hindalco Industries 960.50
Vedanta 257.20
Hindustan Zinc 561.00
Jain Resource Recycl 275.10
CMR Green Tech 212.80
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