Hindustan Zinc Limited in its efforts to support the ongoing global energy transition and thrust on emerging clean tech, will explore new avenues of zinc applications in batteries. The company will do so alongside its focus on volume enhancement, reduction in cost of production and creating value for stakeholders, informed Chairperson Priya Agarwal Hebbar.
The company is the world’s second-largest integrated zinc producer and third-largest silver producer. Volume enhancement, cost reduction, sustainable metals and value creation are key focus areas for the company.
As the company gears up for FY25, it projects mined and refined metal production to reach 1,100-1,125 kilo tons and 1,075-1,100 kilo tons, respectively. Hindustan Zinc’s saleable silver production for FY25 is projected to be between 750-775 MT and the zinc cost of production is expected to be in between US$ 1,050-1,100 per MT.
The company’s growth plans are further supported with the ramp up of all major projects commissioned in the previous year and better capacity utilization. Hindustan Zinc’s expansion projects include 1,60,000 tons per annum roaster and 5,10,000 tons per annum fertiliser plant, which are on track.
As per the press release, the company recently received regulatory approvals with respect to Bamnia Kalan mine, which is expected to become operational soon.