Hindustan Zinc reports 14% growth in mined metal production in Q1 FY23
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Hindustan Zinc has reported highest ever mined metal production in first quarter (Q1 FY23) at 252,000 tonnes, up 14% as compared to Q1 FY22 on account of higher ore production largely at Sindesar Khurd, Rampura Agucha & Kayad mines supported by better mill recovery. Sequentially, it was lower by 15%, mainly due to lower ore production at mines & overall metal grades. Best ever refined metal production in first quarter at 260,000 tonnes, up 10% as compared to Q1 FY22 in line with availability of mined metal & better plant availability and flat sequentially.
Integrated zinc production was 206,000 tonnes, up 10% as compared to Q1 FY22 and down 2% compared to Q4 FY22. Refined lead production was 54,000 tonnes for Q1 FY23, up 11% as compared to Q1 FY22 and up 9% sequentially on account of better plant availability and Pyro plant operation on Lead-mode for part of the quarter. Saleable silver production was 5.7 moz, up 10% as compared to Q1 FY22 and up 9% sequentially in line with lead metal production.
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.
