Hindustan Zinc Records Quarter II Volume Increase Y-o-Y, Metal up by 18 Percent and Silver Production up by 28 Percent

Hindustan Zinc Limited today announced its production numbers for the second quarter and half year ended September 30, 2022. Business Wire India

Hindustan Zinc Limited today announced its production numbers for the second quarter and half year ended September 30, 2022. 
 

  1. 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%
  • Refined Zinc
189 162 16% 206 (8%) 395 350 13%
  • Refined Lead
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 metal production at 255kt, up 3% YoY, driven by better grades and improved mill recoveries. Sequential growth of 1% was largely on account of better grades.

Refined metal production at 246kt, an increase of 18% YoY with improved smelter performance, better mined metal availability and base impact due to extended maintenance shutdown in the same period last year. However, refined metal was lower by 6% QoQ because of lower roaster availability due to breakdown of an acid storage tank at Chanderiya plant in 2QFY23 and time taken in ramp up of production post maintenance.

Integrated zinc production was at 189kt, up 16% YoY and down 8% QoQ. Refined lead production was 57kt up 21% YoY and 5% QoQ. Saleable silver production was 6.2 moz, up 28% YoY and 10% QoQ in line with lead metal production and WIP liquidation.

1HFY23

First half mined metal production at 507kt was 8% higher YoY, on account of increase in ore production, further supported by better grades & improved operational efficiency.

First half refined metal production at 506kt, was up 13% YoY, resulting from consistent mined metal flow from mines and better plant availability partly offset by acid storage tank breakdown at Chanderiya plant in 2QFY23.

1HFY23 integrated zinc production was at 395kt, up 13% YoY and refined lead production was at 110kt, up 16% YoY. Saleable silver production was 11.9 moz, up 19% YoY in-line with lead metal production.
 

  1. Wind Power

 

Particulars
(In million units)
2Q 1Q 1H
FY23 FY22 % Change FY23 %
Change
FY23 FY22 %
Change
Wind Power 124 155 (20%) 150 (17%) 274 289 (5%)

 
Wind power generation for 2QFY23 was 124 MU, down 20% YoY & down 17% QoQ, owing to lower wind velocity & seasonality impact.This feed is automatically published via businesswireindia.com