Hindustan Zinc Limited Reports Operating Results for the Fourth Quarter and Year Ended March 31, 2024
April 02, 2024 at 06:36 am EDT
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Hindustan Zinc Limited reported operating results for the fourth quarter and year ended March 31, 2024. For the quarter, the company reported mined metal production was 299,000 tonnes compared to 301,000 tonnes a year ago. Saleable Metal was 273,000 tonnes compared to 269,000 tonnes a year ago. Silver was 189 tonnes against 182 tonnes a year ago. Silver was 6.1 million ounces against 5.9 million ounces a year ago.
For the year, the company reported mined metal production was 1,079,000 tonnes compared to 1,062,000 tonnes a year ago. Saleable Metal was 1,033,000 tonnes compared to 1,032,000 tonnes a year ago. Silver was 746 tonnes against 714 tonnes a year ago. Silver was 24.0 million ounces against 22.9 million ounces a year ago.
Hindustan Zinc Limited is an India-based company, which is engaged in exploring, extracting, processing minerals, and manufacturing metals and alloys. The Company produces zinc, lead, silver, commercial power and alloys. Its segments include Zinc, Lead, Silver & others and Wind energy. Its operations include five zinc-lead mines, four zinc smelters, one lead smelter, one zinc-lead smelter, eight sulfuric acid plants, one silver refinery plant, six captive thermal power plants and four captive solar plants in the state of Rajasthan. In addition, the Company also has a rock-phosphate mine in Matoon, near Udaipur in Rajasthan and zinc, lead, silver processing and refining facilities in the state of Uttarakhand. The Company also has wind power plants in the states of Rajasthan, Gujarat, Karnataka, Tamil Nadu and Maharashtra and solar power plants in the state of Rajasthan.