Vedanta Group's Hindustan Zinc is gearing up to double its metal production capacity to two million tonnes per annum (MTPA) within the next five years, as stated by Chairperson Priya Agarwal Hebbar.
In a recent communication to shareholders, Hebbar highlighted the company's ambitious growth strategy aligned with India's infrastructure expansion and increasing steel production. "With India's expansion in steel capacity and a strong focus on infrastructure, Hindustan Zinc is on track to double its production to two MTPA by 2030, as our zinc plays a critical role in steel galvanisation," she said.
Currently, Hindustan Zinc maintains a production capacity of 1.1 MTPA. The company is also venturing into critical minerals and has recently been declared the preferred bidder for several mining blocks across India, further reinforcing its growth trajectory.
Expansion and Technological Advancements Propel Growth
Hindustan Zinc’s ongoing roaster and fertilizer plant projects remain on schedule, forming key components of its growth pipeline. The company’s strategic investments in technology and automation continue to drive its record-breaking production figures."Our record-breaking production numbers are backed by highly digitalised and automated operations that continue to set industry benchmarks," Hebbar said. "Be it our tele-remote operations allowing us to operate underground mines from the surface or advanced robotics in metal production, we stay committed to minimizing human intervention across our operations."
The agile integration of artificial intelligence (AI) into operations has significantly enhanced productivity across ore extraction, processing, and metal production processes.
Consistent Growth in Metal and Silver Production
Over the past five years, Hindustan Zinc’s metal production has recorded a steady compound annual growth rate (CAGR) of 4%, while its silver production expanded at a CAGR of 5%, underscoring consistent operational excellence.Strong Financial Performance in Recent Quarter
Reflecting robust operational efficiency, Hindustan Zinc Ltd recently reported a consolidated net profit of Rs 2,678 crore for the quarter ended December 31, 2024, marking a 32% growth from Rs 2,028 crore in the corresponding period of the previous year.As the world's second-largest integrated zinc producer and third-largest silver producer, Hindustan Zinc continues to play a pivotal role in India's metal industry, backed by innovative technology and strategic growth initiatives.
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