Hindustan Zinc Limited (HZL), a Vedanta group company, on Thursday announced that the company reported a drop of 2 per cent on-year in mined metal production at 265kt during the third quarter of FY25. The decrease, it added, was due to lower ore production at Agucha and SK mines partly offset by improved mined metal grades and mill recovery.
However, the company’s mined metal output rose by 3 per cent in comparison to the previous quarter, driven by higher mined metal grades and increase in production at Agucha and Zawar mines.
Refined metal production in the third quarter stood at 259kt, flat in comparison to the same period of previous financial year, while it dropped marginally QoQ due to planned maintenance shutdown in Q3.
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Refined zinc production came in at 204kt during the quarter in review, remaining flat on a year-on-year basis, even as it increased by 3 per cent sequentially. Further, lead production was 55kt lower due to pyro plant operations on lead mode for longer duration during base periods.
In a regulatory filing, Hindustan Zinc said that the saleable silver production was recorded at 5.2 million ounces, in line with lead production and impacted by lower silver input from SK mine due to change in mining sequence.
Wind power generation for the third quarter of FY25 stood at 47 MU, down 14 per cent YoY in line with wind velocity.
For the nine month period ending December 31, Hindustan Zinc recorded mined metal production at 784 kt, driven by improved mined metal grades and mill recovery. For the period, it posted the company’s highest ever refined metal production at 783 kt, recording a growth of 3 per cent with better plant availability and operational parameters. Refined zinc production for the period was at 613 kt, up 3 per cent and lead production came in at 170 kt, up 4 per cent. And saleable silver production for the period in review stood at 16.4 million ounces, down 8 per cent due to change in mining sequence at SK mine leading to lower silver input.
Earlier in November, in a post on X (formerly Twitter),
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