The growth plan will increase mined metal production capacity to 1.2 mtpa Metal in Concentrate (MIC). These mines will be developed using the best-in-class technology and equipment, and in consultation with leading global mine experts, ensuring highest level of productivity. The projects will be completed in six years and the benefit of growth projects will start flowing in from the third year, even as projects will continue till FY2019. Annual capital expenditures for these projects will average US$250 million a year over next six years (totalling approximately Rs. 8,000 Crores).
Zinc - International Business
|Q3||Q2||Nine months period|
|Production (in’000 tonnes, or as stated)||FY2013||FY2012||
% change YoY
% change YoY
|Refined Zinc – Skorpion||36||34||7||%||37||109||109||-|
|Mined metal content- BMM and Lisheen||68||71||(4||%)||77||215||228||(6||%)|
|Financials (In Rs. Crore, except as stated)|
|CoP – ($/MT)||1,095||1,188||(8||%)||1,053||1,091||1,237||(12||%)|
|Zinc LME Price ($/MT)||1,947||1,897||3||%||1,885||1,920||2,123||(10||%)|
|Lead LME Price ($/MT)||2,199||1,983||11||%||1,975||2,051||2,328||(12||%)|
|1.||Includes intercompany sales to Zinc India of Rs. 153 crore in nine months period FY 2012.|
Zinc International delivered a total production of refined zinc and mined zinc-lead metal MIC of 104,000 tonnes in Q3.