Hindustan Zinc Limited today announced its production numbers for the fourth quarter and year ended March 31, 2024.
A. Mined & Refined Metal (Consolidated)
Particulars
(In ‘000 tonnes, or as stated’) |
4Q |
3Q |
Year |
FY24 |
FY23 |
% Change |
FY24 |
%
Change |
FY24 |
FY23 |
%
Change |
Mined Metal |
299 |
301 |
(1%) |
271 |
11% |
1079 |
1062 |
2% |
Saleable Metal |
273 |
269 |
1% |
259 |
6% |
1033 |
1032 |
- |
- Refined Zinc1
|
220 |
215 |
2% |
203 |
9% |
817 |
821 |
- |
- Refined Lead
|
53 |
54 |
(2%) |
56 |
(5%) |
216 |
211 |
3% |
Silver (in tonnes) |
189 |
182 |
4% |
197 |
(4%) |
746 |
714 |
5% |
Silver (in mn ounces) |
6.1 |
5.9 |
4% |
6.3 |
(4%) |
24.0 |
22.9 |
5% |
1. Includes 0.7kt of metal production from Hindustan Zinc Alloys Private Limited (100% subsidiary of HZL) in 4QFY24 and FY24
4QFY24
Highest-ever quarterly refined metal production at 273 kt, up 6% sequentially on account of better plant availability and up 1% YoY. Refined zinc production was at 220 kt, up 9% QoQ & 2% YoY. Refined lead production was at 53 kt, down 2% YoY and 5% QoQ.
Mined metal production at 299 kt, up 11% QoQ, driven by mix of improved mined metal grades and higher ore production across mines.
Saleable silver production was 6.1 moz, up 4% YoY on account of WIP depletion in current quarter & down 4% QoQ in line with lead metal production partly offset by WIP depletion.
FY24
Best-ever mined metal production at 1,079 kt up 2% YoY, driven by improved mined metal grades. Refined metal also achieved its highest annual production.
Silver recorded the highest volume in FY24 in line with management’s operational & financial strategy, at 24.0 moz up 5% YoY. Refined lead production was at 216 kt, up 3% YoY.
B. Wind Power
Particulars
(In million units) |
4Q |
3Q |
Year |
FY24 |
FY23 |
% Change |
FY24 |
%
Change |
FY24 |
FY23 |
%
Change |
Wind Power |
61 |
71 |
(14%) |
55 |
11% |
394 |
395 |
- |
Wind power generation for 4QFY24 was 61 MU, up 11% sequentially & down 14% YoY, depending upon wind velocity & seasonality impact.