Global Leader in Sustainable Mining
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Global leader in sustainable mining ABOUT VEDANTA Vedanta Limited (Vedanta), a subsidiary of Vedanta Resources Limited, is one of the world's leading diversified natural resource companies with business operations in India, South Africa, Namibia and Australia. Vedanta is a leading producer of oil & gas, zinc, lead, silver, copper, iron ore, steel, aluminium and power. Good governance and sustainable development are at the core of Vedanta's strategy, with a strong focus on health, safety and environment, and on enhancing the lives of local communities. For two decades, Vedanta has been contributing to India's growth story. It is among the top private sector contributors to the exchequer with the highest ever contribution of ` 42,560 Crore in FY19. Vedanta's operations contribute 1% to India's GDP, as per the Internal Financial Control (IFC) report. Vedanta is listed on the Bombay Stock Exchange and the National Stock Exchange in India and has American Depository Receipts listed on the New York Stock Exchange. Hindustan Zinc (HZL) is transforming itself, with a sharp focus on safety, exploration, digitisation and data-driven decision making. We are striving to build a future that enshrines our values and delivers on our promise to our people, the communities we serve, and the environment we operate in. While we move towards our vision to become the world’s largest and most admired zinc, lead and silver company, we stand committed to a holistic approach that secures inclusive growth. SUNIL DUGGAL CEO, HINDUSTAN ZINC Hindustan Zinc (HZL), a subsidiary of Vedanta, is one of the world’s largest and India’s only integrated producer of zinc, lead and silver. Headquartered in Udaipur, we have zinc-lead mines and smelting complexes in Rajasthan. Our refined metal products are primarily sold in India to steel companies, while the rest is primarily exported to South-East Asia and the Middle East. Responsible Stewardship, Building Strong Relationships, Strategic Communications and Adding & Sharing Value are the cornerstones of our sustainability framework. Globally, we ranked #5 overall in the Metal & Mining sector in Dow Jones Sustainability Index 2019. We count among the Top-15 CSR spenders of India Inc. and our programmes benefit nearly half a million people in Rajasthan and Uttarakhand. HZL IN INDIA In a nutshell We produce zinc, lead and silver through our fully integrated operations spanning mines, smelters, captive power plants and refineries. Our steadfast focus on our tier-1 assets, automation, innovation and productivity helps us deliver a solid performance year on year. Mine Smelter PRODUCTION Wind Power Plants CAPACITY Refining Plant (in TPA) 890,000 Zinc (Zn) 1 Rampura Agucha Mine 2 Sindesar Khurd Mine 3 Zawar Mine 4 Rajpura Dariba Mine 205,000 5 Kayad Mine Lead (Pb) 1 Chanderiya Lead Zinc Smelter 2 Dariba Smelting Complex 3 Debari Zinc Smelter 5 1 800 2 2 4 1 3 Silver (Ag) 3 2 KEY SOCIOECONOMIC IMPACT, FY19 `21,118 Crore `11,563 Crore Revenue from operations Contribution to the exchequer (through royalties, taxes and dividends) 936 kilo tonnes 12.83% Mined metal Gender diversity (from underground mines) (in executive roles) 0.63 1.6 % Lost-time injury frequency rate Energy used from renewable sources 28% 35.95% Total waste recycled/reused Share of recycled/reused water in the total water used 42% 52.6% Reduction in waste generation Reduction in waste disposal `130.20 Crore 500,000 Community investments CSR beneficiaries 3 CORPORATE PROFILE Who we are HZL is the second largest zinc-lead miner and the fourth largest zinc-lead smelter globally. We are part of the world’s top 10 (and fastest-growing) silver producers. We rank among the lowest- cost producers of zinc, with a cost of production (from ore to refined metal) in the first quartile of the global cost curve. HZL governs about 79% of India’s zinc market, 59% of its lead market and 95% of its silver market (FY19). Our responsible approach to metal and mineral development defends our licence to operate. With a 20,000-plus workforce, we are a people company, supporting one another in the fulfilment of the organisation’s Vision, Mission and Values. VISION VALUES To be the world’s largest ENTREPRENEURSHIP and most admired zinc, Our people are our most important assets. We actively encourage their development and support them in pursuing their goals. lead and silver company EXCELLENCE Our primary focus is delivering value of the highest standard to our stakeholders. We are constantly motivated on improving our costs and improving our quality of production in each of our businesses through a culture of best practice benchmarking. MISSION TRUST We actively foster a culture of mutual trust in our interactions with our stakeholders and encourage an open dialogue which ensures mutual respect. INNOVATION We embrace a conducive environment for encouraging innovation that leads to a Zero harm environment and exemplifying optimal utilisation of natural resources, improved efficiencies and recoveries of by-products. Enhance stakeholder INTEGRITY value through exploration, We place utmost importance to engaging ethically and transparently with all innovation, operational our stakeholders, taking accountability of our actions to maintain the highest excellence, safety and standards of professionalism and complying with international policies sustainability and procedures. RESPECT Be the lowest cost We lay consistent emphasis on Human Rights, respect the principle of free, prior, informed consent, while our engagements with stakeholders give local producer communities the opportunity to voice their opinions and concerns. CARE Maintain market As we continue to grow, we are committed to the triple bottom line of leadership and enhance People, Planet and Prosperity to create a sustainable future in a zero-harm customer delight environment for our communities. 4 A LOOK BACK 1966 1978 1979 A new era begins, with the Balaria mine at Zawar Rampura Agucha deposit, incorporation of HZL from is commissioned currently having one of Metal Corporation of India. the world’s top zinc mines, Foundation of the Debari is discovered smelter is laid 1984 1989 2002 Rajpura Dariba mine Chanderiya smelter is Sterlite Group, now known is commissioned inaugurated and Rampura as Vedanta Limited, acquires Agucha open-cast mine 26% equity stake in HZL begins production 2007 2009 2012 Sindesar Khurd mine We become the world’s Rajpura Dariba lead smelter is commissioned. second largest zinc producer is commissioned. Pantnagar We enter green power by metal plant is commissioned commissioning 38.4 MW of wind energy farms in Gujarat 2013 2018 2019 Underground mines at HZL becomes a fully We are #5 in the DJSI’s Rampura Agucha and Kayad underground mining overall global rankings for are commissioned. We start company, maintaining its the Metal and Mining sector growth journey towards market leading position 1.2 MTPA metal production (from underground mines) 5 PRODUCTS AND APPLICATIONS Enriching life as we know it The zinc, lead and silver we produce are integral to modern life. From the homes we live in, the buildings we work in, the cars we drive, the bridges we cross, the transmission towers we need and countless other facets in between – our products give form and function to so much that we use in our daily lives. Zinc (Zn) We produce refined zinc metal in a variety of grades. Our London Metal Exchange (LME) registered Special High-Grade Zinc products include: HZL SHG, HZL Zn SHG, Vedanta SHG and Vedanta Zn SHG. A natural part of our environment and required by all living beings for survival, zinc is the fourth most common metal in use today. It prevents damage to steel and iron from inclement weather and pollution, reinforcing crucial structures through galvanisation (the process of applying a layer of zinc to help prevent corrosion) – thus, making it one of the most preferred solutions for long-term maintenance and corrosion-free life. R O A DWAY S CONSTRUCTION AND BRIDGES Galvanised rebars finds DID YOU KNOW? Zinc is used to protect use in industrial and urban guardrails, traffic lights, construction, including overhead signboards, skyscrapers, small houses pedestrian overbridges, and special bridges; as steel crash barriers and so well as refinery plants, on. Galvanised rebars are walkways and gratings on used to strengthen bridges, offshore platforms in the highways and flyovers. petrochemical sector. Zn POWER RAILWAY GENERATION INFRASTRUCTURE AND TELECOM Railway platforms and other Galvanisation lowers the roofing sheets, railway maintenance downtime sheds, sleepers, electrical and extends the life of line, poles, and even some transmission towers, rail tracks are galvanised • The petals of the Lotus substations, switchyards with zinc. and transformer casings, Temple were reinforced particularly in remote AUTOMOTIVE with 300 tonnes of locations and difficult Zinc enhances durability of galvanised bars. terrains (such as hill automobiles. Galvanised • 3,300 tonnes of galvanised slopes and mountain sheets are used in making structural steel were used tops). Most smart cities fuel tanks, car body and in The Statue of Unity. use galvanised monopoles other auto parts. The rubber in electricity and Wi-Fi used in the tyres, an integral • Special corrosion resistant transmission towers. part of the auto sector, is grade of galvanised steel made from zinc oxide. R E NE WA B L E rebars were used in the Vrindavan Chandrodaya ENERGY OTHERS Mandir. Zinc protects steel frames Zinc alloys are used in the and mounts used in solar die-casting components • The superstructure of panels, wind turbines and industry (carburettors, LPG Assam’s Bogibeel Bridge tubular towers. regulators, locks, handles, uses different types of zinc sanitary fittings and FERTILISERS sprays and coatings to hardware, zippers, etc.). Zinc is used to fertilise reduce corrosion. Ceramics too consume a zinc-deficient Indian soil, significant amount of zinc in turn, catering to the daily in the form of zinc oxide, nutritional requirement of particularly ceramic glaze the country’s citizens.