Udaipur, Rajasthan, India:
Hindustan Zinc Limited in the present day introduced its manufacturing numbers for the second quarter and half 12 months ended September 30, 2022.
- Mined & Refined Metal
| Particulars (In ‘000 tonnes, or as stated’) |
2Q | 1Q | 1H | |||||
| FY23 | FY22 | % Change | FY23 | % Change |
FY23 | FY22 | % Change |
|
| Mined Metal | 255 | 248 | 3% | 252 | 1% | 507 | 470 | 8% |
| Integrated Saleable Metal | 246 | 209 | 18% | 260 | (6%) | 506 | 445 | 13% |
|
|
189 | 162 | 16% | 206 | (8%) | 395 | 350 | 13% |
|
|
57 | 47 | 21% | 54 | 5% | 110 | 95 | 16% |
| Silver Integrated (in tonnes) | 194 | 152 | 28% | 177 | 10% | 371 | 313 | 19% |
| Silver Integrated (in mn ounces) | 6.2 | 4.9 | 28% | 5.7 | 10% | 11.9 | 10.1 | 19% |
2QFY23
Highest-ever second quarter mined metallic manufacturing at 255kt, up 3% YoY, pushed by higher grades and improved mill recoveries. Sequential development of 1% was largely on account of higher grades.
Refined metallic manufacturing at 246kt, a rise of 18% YoY with improved smelter efficiency, higher mined metallic availability and base influence as a consequence of prolonged upkeep shutdown in the identical interval final 12 months. However, refined metallic was decrease by 6% QoQ due to decrease roaster availability as a consequence of breakdown of an acid storage tank at Chanderiya plant in 2QFY23 and time taken in ramp up of manufacturing put up upkeep.
Integrated zinc manufacturing was at 189kt, up 16% YoY and down 8% QoQ. Refined lead manufacturing was 57kt up 21% YoY and 5% QoQ. Saleable silver manufacturing was 6.2 moz, up 28% YoY and 10% QoQ consistent with lead metallic manufacturing and WIP liquidation.
1HFY23
First half mined metallic manufacturing at 507kt was 8% larger YoY, on account of enhance in ore manufacturing, additional supported by higher grades & improved operational effectivity.
First half refined metallic manufacturing at 506kt, was up 13% YoY, ensuing from constant mined metallic stream from mines and higher plant availability partly offset by acid storage tank breakdown at Chanderiya plant in 2QFY23.
1HFY23 built-in zinc manufacturing was at 395kt, up 13% YoY and refined lead manufacturing was at 110kt, up 16% YoY. Saleable silver manufacturing was 11.9 moz, up 19% YoY in-line with lead metallic manufacturing.
- Wind Power
| Particulars (In million models) |
2Q | 1Q | 1H | |||||
| FY23 | FY22 | % Change | FY23 | % Change |
FY23 | FY22 | % Change |
|
| Wind Power | 124 | 155 | (20%) | 150 | (17%) | 274 | 289 | (5%) |
Wind energy era for 2QFY23 was 124 MU, down 20% YoY & down 17% QoQ, owing to decrease wind velocity & seasonality influence.
Hindustan Zinc, a Vedanta Group Company, is among the world’s largest and India’s solely built-in producer of Zinc-Lead and Silver. The Company has its headquarters at Udaipur within the State of Rajasthan the place it has its Zinc-Lead mines and smelting complexes. Hindustan Zinc is self-sufficient in energy with captive thermal energy crops and has ventured into inexperienced vitality by setting upwind energy crops. The Company is ranked 1st in Asia-Pacific and globally fifth in Dow Jones Sustainability Index in 2021 amongst Mining & Metal firms. Hindustan Zinc is an authorized Water Positive Company, a member of the FTSE4Good Index & S&P Global Sustainability Yearbook 2022 and a Bronze Medal winner on the S&P Global Sustainability Awards.
Being a people-first firm, Hindustan Zinc believes in inculcating the values of Trust and Excellence to have a tradition of high-performance in its workforce. The firm takes delight in having among the best-in-class folks practices and employee-centric initiatives, which have licensed Hindustan Zinc as – ‘Great Place to Work 2022’, ‘Company with Great Managers 2020’ by People Business and the PeopleFirst HR Excellence Award.
As a socially accountable company, Hindustan Zinc has been relentlessly working to enhance the lives of rural and tribal folks residing close to its business places. The firm is amongst the Top 15 CSR Spenders in India and are at present reaching out to 1.4 million folks in 234 villages 184 in Rajasthan, 34 in Uttarakhand and 16 villages in Gujarat. As a market chief, Hindustan Zinc governs about ~80% of the rising Zinc market in India.
Learn extra about Hindustan Zinc on – https://www.hzlindia.com/home/ and comply with us on LinkedIn, Twitter, Facebook, and Instagram for extra updates.
Disclaimer
This press launch comprises “forward-looking statements” – that’s, statements associated to future, not previous, occasions. In this context, forward-looking statements usually deal with our anticipated future companies and monetary efficiency, and usually include phrases similar to “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “should” or “will.” Forward–wanting statements by their nature deal with issues which can be, to completely different levels, unsure. For us, uncertainties come up from the behaviour of economic and metals markets together with the London Metal Exchange, London Bullion Metal Association, fluctuations in curiosity and/or alternate charges and metallic costs; from future integration of acquired companies; and from quite a few different issues of nationwide, regional and international scale, together with these of a political, financial, business, aggressive or regulatory nature. These uncertainties could trigger our precise future outcomes and/or business operations to be materially completely different than these expressed in our forward-looking statements. We don’t undertake to replace our forward-looking statements and buyers ought to take their very own choices.
Click right here for Media Contact Details
Shweta Arora (Head of Investor Relations), Hindustan Zinc Limited, [email protected], +91-9538453097
Maitreyee Sankhla (Interim Head – Corporate Communications), Hindustan Zinc Limited, [email protected], +91-7742161333
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