Hindustan Zinc Ltd.

Hindustan Zinc has registered 16% rise in second quarter output at 222kt in quarter under review as compared to 190kt in the corresponding prior periods. Moreover, the output for first half of FY14 (H1FY14) grew 22% at 459kt as compared to 377kt in same period of FY13.

Of total Integrated production of refined zinc was the highest ever at 195kt in Q2 and 368kt in H1FY14, up by 28% and 19% respectively from a year ago. The increase was due to higher smelter utilization rate, driven by higher operational efficiencies and improved raw material availability.

Meanwhile, integrated production of refined lead was 31kt in Q2 and 60kt in the six months, up 29% and 13% respectively from a year ago. Integrated saleable silver production was 83 tonnes in Q2 and 160 tonnes in the half year, up by 14% and 12% as compared to corresponding prior periods.

The Kayad and Rampura Agucha underground mine projects are progressing well to deliver commercial production in this fiscal year.