Company Overview & Management
About Us
We are the second largest zinc-lead miner and fourth largest zinc-lead smelter
*Source: Wood Mackenzie Production Rankings Q4 2017; Hindustan Zinc for company data
We are among the Top 10 silver producers globally
*Source: GFMS,
Thomson Reuters
We are among the lowest-cost producers of zinc globally with cost of production (from ore to refined metal) in the first quartile of global cost curve
*Source: Wood Mackenzie Ltd, Dataset 2018 Q1
Hindustan Zinc at a Glance
A dominant player in the zinc and silver mining business in India, Hindustan Zinc is also the second largest, fully integrated producer of zinc and lead in the world. HZL is a leading producer of silver globally as well. HZL owns major zinc ore mines in India and the journey towards 1.2 million MT production that started in 2013 is now in its final stages and expected to be achieved in FY 2020.
Our strategic vision is to grow our output to 1.5 million MT per annum and our silver portfolio to 1,500 MT. We have an impressive 78% market share in zinc and 57% in lead. Hindustan Zinc's silver refinery at Pantnagar Metal Plant has recently been added to the London Bullion Market Association's 'Good Delivery' list, as of April 2018. Our global silver ranking jumped eight notches to number 10 in 2017, as per Thomson Reuters - Silver Institute. Also, our silver volumes ratcheted up by 23% to 558 MT in FY 2018.
With plans to catapult HZL to a new era where our mines will be more advanced and inclusive, we are also capitalising on newer technology and digitisation to re-define and re-invent mining in many ways. With one of the most successful global transitions from primarily an open-cast to a fully underground mining company, we believe the Company's growth trajectory will transform in the years ahead. Headquartered at Udaipur, we operate with a workforce of 19,660. Renowned globally for the high purity refined metals that we supply, we market under various brand names and our product line also includes LME registered Special High Grade (SHG) zinc and lead. Our business entails mines, smelters and refineries. And to cap it all off, the Company is self-sufficient in power with an installed base of 474 MW coal-based captive power plants. We also have green power capacity of 324 MW that includes 274 MW of wind power, 35 MW of waste heat power and 16 MW of solar power.
Our long mine life of over 25 years ensures that the long-term sustainability of our business is combined with our strong financials, executional excellence and strategic business management capabilities.
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