Hindustan Zinc reports record Q1 mined metal output for fifth straight year

Hindustan Zinc reported its highest-ever Q1 mined metal production for the fifth straight year at 268,000 kt, up 1% year-on-year, while saleable metal output rose 4% to 260,000 kt, supported by debottlenecking at Chanderiya and Dariba. Refined zinc climbed to 213,000 kt but refined lead slipped 2% to 47,000 kt, and silver held steady at 149 tonnes. The stock fell 16% in June amid weak silver prices, an ED FEMA probe at parent Vedanta's offices, and reports the government is weighing a further 2% stake sale after offloading 1.6% at about Rs 505 in November.