Hindustan Zinc Ltd.

BSE: 500188 | NSE: HINDZINC
Large Cap | Metal - Non Ferrous
588.90
-3.25 (-0.55%)
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Hindustan Zinc's mined metal production marginally up in Q1

Date: 04-07-2023

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.