Hindustan Zinc Posts Record Q3 Refined Output as Mined Metal Rises

Overview

• Mined metal production rose 4% year on year to 276,000 tonnes in the October–December quarter.
• Refined metal reached a third-quarter record of 270,000 tonnes, up 9% sequentially on better plant availability.
• Saleable silver came in at 158 tonnes, up 10% quarter on quarter but down 1% from a year earlier.
• Debottlenecking at Chanderiya and Dariba and the 160 Ktpa roaster ramp-up at Debari supported higher output.
• Shares closed 2.75% higher on the BSE as analysts projected elevated silver prices could raise silver’s revenue share toward 42% by FY2027.