Hindustan Zinc, a leading global producer of zinc, lead, and silver, announced its production update for the third quarter of FY25, showcasing operational resilience and record performance over the nine-month period. The company continues to strengthen its position as a leader in the mining and metals sector while adhering to its sustainability commitments.
Key Production Highlights:
1. Mined Metal Production:
- Achieved 265,000 tonnes (kt) in Q3 FY25, reflecting a 3% quarter-on-quarter (QoQ) growth.
- Nine-month mined metal production stood at a record 784,000 tonnes, marking a 1% year-on-year (YoY) increase.
- Enhanced ore grades and stable mine operations contributed to the growth.
2. Refined Metal Output:
- Refined metal production in Q3 FY25 reached 254,000 tonnes, maintaining parity with the previous quarter and slightly up by 1% YoY.
- For the nine-month period, refined metal output totaled 783,000 tonnes, driven by improved plant availability and operational efficiency.
3. Silver Production:
- Q3 FY25 silver production was 5.5 million ounces, registering a 3% QoQ growth but a 7% YoY decline.
- Nine-month silver output stood at 16.4 million ounces, reflecting an 8% YoY drop due to lower grades in the ore mix.
Sustainability and ESG Milestones:
Hindustan Zinc’s commitment to sustainable development was reinforced with several milestones:
- Launch of EcoZen: The company introduced a low-carbon zinc product, emphasizing its focus on environmentally friendly operations.
- ESG Performance: Hindustan Zinc ranked among the top global ESG performers, showcasing its dedication to ethical and sustainable business practices.
Management Outlook:
The company expressed confidence in maintaining its robust performance for the remainder of the fiscal year, focusing on operational excellence and leveraging its technological advancements. Hindustan Zinc’s strategic initiatives aim to balance production growth with its sustainability goals.
