Vedanta reports its highest ever mined zinc metal production

Indian mining giant Vedanta has reported its highest ever 9M22 (nine months ended 31 December 2022) mined zinc metal production in India at 761kt, up 5%YoY with higher ore production, improved mined metal grades and operational efficiency.

The company said that the International Zinc division’s 9M22 mined metal production grew 25%YoY to 210kt, in line with ramp-up at Gamsberg, further supported by higher zinc recoveries at Gamsberg and better lead grades at BMM; Gamsberg achieved highest ever 9M production at 159kt, up 27%YoY.

Vedanta added that Karnataka saleable iron ore production in December quarter increased by 32%QoQ to 1.4 million tonnes, while pig iron production was higher by 66%QoQ as 2QFY23 was impacted by shut down in smaller blast furnace.

Vedanta is a leading global natural resources conglomerate operating across India, South Africa, Liberia and Namibia, with significant operations in oil & gas, zinc, lead, silver, copper, iron ore, steel, and aluminium & power.

Vedanta indicated it is committed to reducing carbon emissions to zero by 2050 or sooner and has pledged $5 billion over the next 10 years to accelerate the transition to net zero operations.

Vedanta indicated it is committed to reducing carbon emissions to zero by 2050 or sooner and has pledged $5 billion over the next 10 years to accelerate the transition to net zero operations.