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Hindustan Zinc delivers record production volumes

By Niranjan Mudholkar,

Added 21 January 2021

Leveraging technology for increased efficiency: CEO

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Hindustan Zinc Limited, the leading global integrated producer of zinc, lead and silver, reported its results for the third quarter and nine months ended December 31, 2020. Commenting on the Q3 performance, Arun Misra, CEO, said: “We have delivered record production volumes yet again despite challenging operating environment due to Covid. Our steadfast focus on strengthening fundamentals will allow us to operate at targeted run-rate production in Q4, in turn setting the stage right for next fiscal year. We are leveraging technology for increased efficiency at our mines & smelters and more importantly to ensure safe operations in these extraordinary times.”
Swayam Saurabh, CFO, said: “Our unwavering commitment to invest in cutting edge technology and increased digitization of our operations, along with other structural cost reduction initiatives has helped to successfully bring down the cost at sustainable low levels. Our firm focus on free cash flow generation through working capital optimization has enabled us to deliver industry-leading shareholder returns. We continue to strive to set new benchmarks for our peers globally and create long term value for all stakeholders.”
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