Hindustan Zinc Q1 mined metal production up, refined lead output drops

Vedanta group firm Hindustan Zinc Ltd (HZL) on Thursday said while its mined metal production in the first quarter rose marginally by one per cent, the refined lead production dropped by two per cent.

The company's refined metal production grew by four per cent to 2,60,000 tonne in the April-June period, over the year-ago period.

In a filing to BSE, the company said it was the "best-ever first quarter mined metal production at 2,68,000 tonne , driven mainly by better grades."


While the company's refined zinc production rose to 2,13,000 tonne, refined lead production saw a drop of two per cent to 47,000 tonne.

Mined metal is the raw, unrefined metal contained within the extracted ore from the earth. Saleable metal is the final, refined product that has been processed and is ready to be sold to the market.

The saleable silver production was at 149 tonne and the wind power generation was at 133 million units (MU), the filing said.

"Wind power generation at 133 MU is in line with wind velocity and seasonality impact," it said.

Hindustan Zinc is the world's leading integrated zinc producer and is among the top 10 silver producers globally. The company supplies to more than 40 countries and holds a market share of about 74 per cent of the primary zinc market in India.