The 2nd largest Zinc Miner worldwide that shines with a glimmer that illuminates the entire India.’
Hindustan Zinc, India’s biggest zinc-lead miner, emphasizes the safety of its workers and the conservation of rare natural resources through technology and revolution, based on its 50+ years of operational expertise. With a reserve of 150.3 million MT, a standard average zinc-lead grade of 7.8%, and mineral resources of 297.6 million MT, the mine life is more than 25 years. They are the 6th biggest producer of silver, with about 78% zinc market share. The recent share price was up by 1.26% based on the previous share price of Rs 282.45.
About Hindustan Zinc
Hindustan Zinc operates lead-zinc mines, hydrometallurgical zinc smelters, pyrometallurgical lead-zinc smelters, sulfuric acid facilities, and captive power plants in northwest India. The metal production capacity is about 890,000 MT of zinc.
The 2nd largest Zinc Miner in the world
The oldest zinc smelter in India, located in the district of Udaipur, has an annual capacity of 88,000 tonnes of zinc metal. The Company’s metal production capacities are currently 843,000 tonnes of zinc, 201,000 tonnes of lead per year, and 600 tonnes of silver, all being de-bottlenecked to achieve a 1.2 million tonnes per year smelting capacity. Metal production capacity has increased from 204,000 tonnes per year in 2002 to more than 1.0 million tonnes per year today.
The Values, Awards, and Recognition
With an exit run rate of over one million tonnes for both mined and refined metal, they are ready to deliver another stellar performance this year. The Board’s approval for establishing the Fertilizer plant and an additional Roaster is also a welcome development. Revenue increased by 43.7% yearly, driven by higher zinc volumes and LME prices, favorable exchange rates, offset partly by silver prices. Zinc LME prices increased 34.2%, while zinc metal sales increased 10.2%.
As a people-first company, Hindustan Zinc believes in instilling the principles of Trust and Excellence in its workforce to foster a high-performance culture. Hindustan Zinc is proud to have an employee-centric initiative. The company has the titles ‘Great Place to Work 2021,’ ‘Company with Great Managers 2020,’ and the People -First HR Excellence Award.
Hindustan Zinc has been working relentlessly as a socially conscious business to improve the lives of rural and tribal people. The organization is among the top 15 CSR spenders, serving 700,000 people in 184 villages across Rajasthan, 5 in Uttarakhand, and 16 in Gujarat. As the industry leader, Hindustan Zinc has around 78% of India’s burgeoning zinc market. Within Metals, Hindustan Zinc stock has a market cap rank of 1. Hindustan Zinc has a market cap of Rs 1,20,485 Cr.