The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Vishal Chandak - Motilal Oswal Securities Limited, Research Division - Analyst
: Sir, my first question was in regard to the 1.2 million to 1.35 million tonne expansion. So you mentioned but you've mentioned that your first target
would be achieving a million tonne of metal sales. So when do we plan to hit 1.2 million tonnes of metal sales?
Question: Vishal Chandak - Motilal Oswal Securities Limited, Research Division - Analyst
: That's nice. Sir, my second question was with regards to the coal cost and coal sourcing. If you could please help us with what kind of coal sourcing
are we currently doing and what are the costs?
Question: Vishal Chandak - Motilal Oswal Securities Limited, Research Division - Analyst
: I see. And sir, finally, if I may just squeeze in just 1 more. You just mentioned that we have now started the process of hedging forward sale and
15% has been done at $4,000-plus. So does that give you a confidence that the $4,000-plus may not remain at the current levels, and are you
expecting a correction? Or do you see that -- or is there any other thought process for hedging?
Question: Abhijit Mitra - ICICI Securities Limited, Research Division - Analyst
: Yes. I have 2 questions. First question is if you can highlight the ore production from some of your key mines for the year, for the fiscal 2022 and
the total mill door that you have screened for the fiscal as well as the feed grade that you have screened for the fiscal? That's the first question.
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APRIL 22, 2022 / 10:30AM, HZNC.NS - Q4 2022 Hindustan Zinc Ltd Earnings Call
Question: Abhijit Mitra - ICICI Securities Limited, Research Division - Analyst
: Ore milled and feed grades...
Question: Abhijit Mitra - ICICI Securities Limited, Research Division - Analyst
: No. So the idea was to understand the drop in lead and silver production. So if there is a drop in...
Question: Abhijit Mitra - ICICI Securities Limited, Research Division - Analyst
: Okay. Got it. So essentially, what we have seen as a total production is the peak production unless there is some debottlenecking, which comes
through probably over the course of the next year? Is that the right understanding?
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APRIL 22, 2022 / 10:30AM, HZNC.NS - Q4 2022 Hindustan Zinc Ltd Earnings Call
Question: Abhijit Mitra - ICICI Securities Limited, Research Division - Analyst
: Okay. Okay. Okay. Got it. Got it. And generally, this debottlenecking will sort of take place through FY '23 or you will see it sort of spilling over to
FY '24 as well?
Question: Vishal Chandak - Motilal Oswal Securities Limited, Research Division - Analyst
: Sir, my question was with regards to the merger with Zinc International again. You mentioned that there are a lot of possible synergies if these 2
entities merged. But what I was trying to understand that is there really a talk going on? Is there a possibility in the current year, next year for the
merger? Or we are just envisaging that if this happens, then there would be a lot of synergies?
Question: Vishal Chandak - Motilal Oswal Securities Limited, Research Division - Analyst
: That's quite helpful, sir. Sir, my last question was with regard to your guidance. The guidance that you have given for FY '23 in terms of volumes,
how much of that takes into consideration that the fumer would get commissioned by the end of Q1? And what is the fumer contribution in that
volume?
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APRIL 22, 2022 / 10:30AM, HZNC.NS - Q4 2022 Hindustan Zinc Ltd Earnings Call
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