Hindustan Zinc to increase output by 20% over next three years: Report

18 Apr 2013 Evaluate

Hindustan Zinc (HZL), country's only integrated zinc producer is reportedly planning to increase output from its mines by 20% to 1.2 million tonne (mt) over the next three years. The company will be able to achieve this growth at a time when some of the world's largest zinc mines in Canada and Australia are being shut down nudging the global zinc market into a supply deficit scenario.

The entity is also planning expansion at Rampura Agucha, the world's largest zinc producing mine, and Sindesar Khurd, a silver-rich mine. Its Zawar and Dariba mines are also being expanded in a phased manner. Under its expansion plan, it is slated to develop two green-field mines, while it will start commercial production at Kayar in Rajasthan with initial capacity of 0.35 mtpa in FY14, it will also develop a small mine at Bamnia Kalan in Rajasthan. 

Hindustan Zinc Share Price

469.35 -9.75 (-2.04%)
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