Hindustan Zinc’s (HZL) mined metal production remained marginally lower at 223,000 tonnes and 830,000 tonnes in Q4 and FY 2011-12 respectively. Though, mined metal production in FY 2012-13 is expected to be slightly higher than FY 2011-12. In line with the mine plan, production in H1 FY 2012-13 is expected to be marginally lower than H1 FY 2011-12, but will be more than made up in H2 FY 2012-13. SK mine ramped-up to 80% utilization in Q4 and is expected to deliver volumes near its capacity in FY 2012-13.
Further, the company’s Refined Zinc production remained marginally lower at 190,000 tonnes in Q4, and 6% higher at 759,000 tonnes for the full year. Lead production was at a record 37,000 tonnes in Q4 and 99,000 tonnes in FY 2011-12, up 110% and 56% respectively. Silver production was at a record 88 tonnes in Q4 and 242 tonnes in FY 2011-12, up 77% and 35% respectively. The increase in Lead & Silver production was primarily on account of the ramp-up of the SK mine, the new 100ktpa Lead smelter and the new Silver refinery.
With the Rajasthan Zinc smelters fully ramped-up and operating at higher efficiencies, the company suspended operations at the 35-year old Vizag Zinc smelter during the quarter, which had a relatively higher cost and contributed only 28,000 tonnes of refined Zinc production during FY 2011-12.
Post the 150MW expansion in wind power concluded during the year, the wind power generation capacity stands at around 274MW, making HZL one of the largest wind power producers in the country.
| Company Name | CMP |
|---|---|
| Hindalco | 627.15 |
| Vedanta | 433.50 |
| Hindustan Zinc | 494.50 |
| Gravita India | 2098.45 |
| Ram Ratna Wires | 591.50 |
| View more.. | |
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