Hindustan Zinc Limited: Results for the First Quarter Ended June 30, 2019
Vedanta Limited American Depositary Shares (Each representing four equity shares) (VEDL)
US:NYSE Investor Relations:
vedantalimited.com/investor-relations.aspx
Company Research
Source: PR Newswire
The following release was issued today by Vedanta Limited's subsidiary Hindustan Zinc Limited Highlights for the quarter Refined metal production at 219kt, up 3% y-o-y Silver production at 159 MT, up 15% y-o-y Mined metal production at 213kt, up 1% y-o-y MUMBAI, India, July 19, 2019 /PRNewswire/ -- Hindustan Zinc Limited, the leading global integrated producer of zinc, lead and silver, reported its results for the first quarter ended June 30, 2019.Commenting on the Q1 performance, Ms Kiran Agarwal, Chairman, said, "Our expansion projects are on track and as they near completion, our position as an industry leader with large sustainable operations gets strengthened. We are one of the lowest cost producers with world-class assets which can deliver high returns to all our stakeholders in any market environment."Mr Sunil Duggal, CEO, said, "We expect production volume to trend up in the coming quarters and along with internal efficiencies, technology and digitisation initiatives, costs t
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