Hindustan Zinc Limited is solely engaged in exploring, extracting and processing minerals in India, along with international intervention.The company operates its business through three segments viz. Zinc & Lead, Silver and Wind Energy. Focusing mainly on the production of refined zinc, lead and silver, the company is manufacturing sulphuric acid too.
The company has been developing its power plants with an increasing power generating capacity gradually. The company has been possessing thermal captive power plants, wind power plants, solar power plants and waste heat power plants with capacities 474 megawatts, 273.5 megawatts, 16 megawatts and 35.4 megawatts respectively. Hindustan Zinc Limited was established in the year 1966 and is headquartered at Udaipur, India. Vedanta Limited is the parent company of Hindustan Zinc Limited.
About Company Information:
In the year of 1990, the facilities were inaugurated for the production of cobalt and indigenous lead-zinc ores. The company was offered technological support from BARC, which along with the firm's own Research & Development unit made it possible to recover cobalt. The President of India was allotted company’s 188, 00,000 shares in 1992.
In 1993, an application was made to the Government of Rajasthan, for prospecting license for gold for Bhukia Jagpura Banswara District and Dungarpur District. In 1994, the company disinvested its 40, 37, 31,900 shares in favour of Financial Institutions and Mutual Funds.
In the year of 1996, a MoU was signed between the company and Australia-based BHP Minerals Ltd., resulting as the development of a joint venture project to explore the minerals, stored in Rajasthan. In 1997, a Lead-Zinc Silver deposit was decided to be developed in Rajasthan’s Rajsamand with a production capacity of 1000 tons per day ores.
The company finished the task of debottlenecking 32, 000 tonnes of zinc at its Vizag and Debari Zinc Smelters during 2002-03. The debottlenecking of zinc from 1.37 million tonnes per annum to 2.30 million tonnes per annum was also carried at Rampura Agucha Mine, at the same time. 35, 000 tonnes of zinc debottlenecking was also carried at Chanderiya Smelter Complex, during 2003-04. Rampura Agucha Mine had gone through expansion from 2.30 million tonnes per annum to 3.75 million tonnes per annum, during 2004-05. The company commissioned the Hydrometallurgical Zinc Smelter (Hydro I) with a capacity of 170, 000 tonnes per annum at Chanderiya Smelter Complex.
The company started production at its Sindesar Khurd Mine, having an initial capacity of 0.3 million tonnes per annum, during 2006-07. Hydrometallurgical Zinc Smelter (Hydro II), having the capacity of 170, 000 tonnes per annum had been commissioned by the company during the period 2007-08.
During the period 2008-09, a sharp increment in the capacity of Rampura Agucha Mine had been observed, from 3.75 million tonnes per annum to 5.00 million tonnes per annum. A concentrator with a capacity of 1.5 million tonnes per annum had been commissioned by the company at Sindesar Khurd, during 2010-11.
During 2011-12, the capacity of Sindesar Khurd mine had reached 2.0 million tonnes per annum. Since a 100 kilotons per annum lead smelter had been commissioned by the firm at Dariba, the capacity of producing lead had been increased to 185 kilo tons per annum. Development ores were produced from Kayad and Rampura Agucha underground mines by Hindustan Zinc Limited, during 2012-13.
A new roaster was introduced at Dariba by HZL, during 2013-14. Company’s first sewage treatment plant, with a capacity of 20 million litres of sewage per day, had been commissioned in Udaipur at this period. During 2014-15, the company established its paste fill plant at Rampura Agucha Mine and Sindesar Khurd Mine. The Sindesar Khurd Mine achieved the capacity of producing 3 million metric tonnes per annum, during 2015-16. A year later the ore production capacity of Sindesar Khurd Mine and Chanderiya Hydrometallurgical Zinc Smelter was increased from 3 million metric tonnes to 3.7 million metric tonnes and 4 lakh metric tonnes to 4.3 lakh metric tonnes respectively.
How Hindustan Zinc Ltd, is categorized as Metal- Non Ferrous Sector and Aluminium Industry:
The Metal Sector includes industries which are primarily involved with metalworking and metallurgy. It has areas that are dedicated to locating and extracting the metal and mineral reserves around the world. The sector has a notable number of companies established around the world and runs with significant revenues.
The metal industries' primary work is to extract metals. i.e. at first, the metals are extracted from the metal-ores found in their purely natural state buried within the earth are used to extract the metals. These metals are used to manufacture machines or parts of machines. Also, these industries have the process of manufacturing alloys by mixing two or more metallic elements. For instance, Steel is one of the most popular alloys of iron and carbon and a less amount of other metals. Hindustan Zinc Ltd, is categorized as Zinc/Zinc Alloys – Products, as the company mainly focuses on manufacturing products involving aluminium.
Hindustan Zinc Ltd, Competitors and Sector Peers:
Hindustan Zinc Ltd. HINZIN
ABC Gas (International) Ltd. ABCGAS
Baroda Extrusion Ltd. BAREXT
Bhagyanagar India Ltd. BHAGIN
Cubex Tubings Ltd. CUBTUB
Hindustan Copper Ltd. HINCOP
Madhav Copper Ltd. MADCOP
Mardia Samyoung Capillary Tubes Co. Ltd. MARSAM
N D Metal Industries Ltd. NDMETI
Precision Wires India Ltd. PREWIR
Ram Ratna Wires Ltd. RAMRAT
RCI Industries & Technologies Ltd. RCIIND
Sagardeep Alloys Ltd. SAGALL
Shalimar Wires Industries Ltd. SHAWIR