Hindustan Zinc Mined Metal Production Rises 4% To 2,48,000 Tonnes In Q2

firm on Monday said its mined metal production increased by 4 per cent to 2,48,000 tonnes in the second quarter of the ongoing fiscal.

The company's mined metal production was at 2,38,000 tonnes in the year-ago period.

"Mined metal production for Q2 FY22 was 248,000 tonnes, up 4 per cent as compared to Q2 FY21 on account of higher ore production at Rampura Agucha, Sindesar Khurd and Zawar mines supported by improvement in recovery, which has been partly offset by lower grades," said in a filing to the BSE.

In comparison to Q1 FY'22, it is up by 12 per cent, mainly due to higher ore production at Sindesar Khurd and improvement in grade and recovery, the filing said.

Integrated metal production was 2,09,000 tonnes for Q2 FY'22, down 12 per cent as compared to both Q2 FY'21 and Q1 FY'22 on account of extended shutdown at one of the roasters at Chanderiya Smelter for repairs and overhaul of structural components.

Integrated zinc production was 162,000 tonnes, down 10 per cent as compared to Q2 FY'21 and down by 14 per cent as compared to Q1 FY'22.

Integrated lead production was 47,000 tonnes for Q2 FY'22, down 18 per cent as compared to Q2 FY'21 on account of annual shutdown at Dariba Lead smelters and down four per cent as compared to Q1 FY'22.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

RECENT NEWS

BoE Loosens Capital Rules

The Bank of England has taken a significant step towards easing post-crisis regulation by lowering its estimate of the c... Read more

Monzo Looks For US Banking License

Monzo is preparing a renewed push to secure a US banking licence, four years after abandoning its first attempt when tal... Read more

Crypto Firms Push Into US Banking

America’s cryptocurrency companies are scrambling to secure a foothold in the country’s traditional banking system, ... Read more

Parallel Banking: Stablecoins Are Now Global

Parallel Banking: How Stablecoins Are Building a New Global Payments SystemStablecoins—digital currencies pegged to tr... Read more

JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity

JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more

Private Equity And Banks: The Complex Web Of Leverage

Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more