Corporate Presentation

Hindustan Zinc

June 2016
Hindustan Zinc - A Sustainable Enterprise

1st Rampura Agucha Largest

zinc mine globally

2nd Largest zinc-lead miner

globally with: 9 million+ MT of
ore production capacity

4th Largest zinc-lead smelter

globally: 1 million+ MT of
production capacity

(Rankings calculated from Wood Mackenzie, Q1 2016

Long Term Outlook)

A Journey towards Excellence - 15 million T Ore Production Capacity;

& 1.2 million T MIC production capacity from Underground Mines

2 Hindustan Zinc Limited

Vision, Mission & Values

We want our employees to be ambassadors of our core values

To be the worlds largest and most admired zinc-lead

and silver company

Enhance stakeholder value through exploration,

innovation, operational excellence and
sustainability
Be the lowest cost producer
Maintain market leadership & enhance customer
Entrepreneurship Trust
delight Care Innovation
Excellence Integrity
Respect
3 Hindustan Zinc Limited
Safety & Sustainability

LTIFR (per million man-hours worked)

Safety
Zero harm to people, host communities and
environment 2.29 2.15 78%
1.95
Safety cultural transformation journey from
reactive to interdependent; engagement with
Dupont 1.01 0.88
0.64 0.5
Integrated safety organisation structure

Promoting behaviour based safety

FY10 FY11 FY12 FY13 FY14 FY15 FY16*
Focus on hazard identification & near misses *As per new ICMM Guidelines

Year Highlights
Sustainability Initiatives
0.50 Rs. 42 Crore
Zero water discharge Lost time injury frequency rate Invested in environment
initiatives
Adiabatic cooling towers
100% 0
Sewage treatment plant as sustainable water Periodic medical examinations for category 4 or 5 environmental
source all applicable employees incidents

Green energy of 309MW 2,83,071 100%

Safety training hours delivered to units have Biodiversity Management
Bio-diversity conservation employees and contractors Plans in place

100% 100%
Assurance of all sites by our non-hazardous waste recycling
internal audit programme (VSAP)

4 Hindustan Zinc Limited

Core Strengths

Leading the way with fully integrated operations

Among the lowest cost producers of zinc

Captive mines with Reserve &

C1 Cash Co st ($/t Z n)
Resource base of 389.9 million
MT ensuring mine life of 25
years

2,000

Integrated metal
production supported by

Hindustan Zinc
1,700
captive power plants

1,400

Low cost of operations 1,100

driven by quality assets
and multi-metal recovery
800

500
Market leadership in India with
strong presence in emerging Cumulative Production (Percentile)
economies of Asia

Source: Wood Mackenzie Research

5 Hindustan Zinc Limited

Portfolio of Tier - 1 Assets

Rampura Agucha Mine

Reserve : 51.1mt Chanderiya Smelting Complex
Resource : 52.7mt Pyrometallurgical Lead Zinc Smelter:
Reserve Grade : Zn 14.0%, Pb 1.8%
Current Ore Capacity : 6.15 mtpa 105,000 tpa Zinc and 85,000 tpa Lead
Hydrometallurgical Zinc Smelter: 420,000 tpa Zinc
Kayad Mine
Reserve : 3.9mt Captive Power Plant: 234MW
Resource : 2.0mt
Reserve Grade : Zn 13.4%, Pb 1.8%
Current Ore Capacity : 1.00 mtpa

Sindesar Khurd Mine Dariba Smelting Complex

Reserve : 33.2mt Hydrometallurgical Zinc Smelter:

Resource : 76.3mt 210,000 tpa Zinc
Reserve Grade : Zn 4.7%, Pb 3.2% Lead Smelter: 100,000 tpa Lead
Current Ore Capacity : 4.50 mtpa
Captive Power Plant: 160MW

Rajpura Dariba Mine

Zinc Smelter Debari
Reserve : 9.3mt :
Resource : 49.4mt Hydrometallurgical Zinc
Reserve Grade : Zn 6.3%, Pb 1.6% Smelter: 88,000 tpa Zinc
Current Ore Capacity : 1.20 mtpa

Zawar Mining Complex

Pantnagar & Haridwar
Reserve : 9.5mt
Resource : 82.3mt Processing & Refining of Zinc,
Reserve Grade : Zn 3.4%, Pb 1.7% Lead & Silver
Current Ore Capacity : 4.00 mtpa
Wind Power Generation Capacity of
CPP : 80MW
274 MW
6 Hindustan Zinc Limited
Strong Track Record of Growth

Reserve & Resource (mt) 2.5X Growth Mined metal (kt) 3X Growth
870 880 887 888.92
389.9 840 830
365 375.12 769 106 110 113 144.65
348 735 88 92
332
313 86
299 629 84
272 572
532 78
232 67
282.8
210 239 261 266.92 409 60
178 223
165 197 216 364
146 183 298 54 752 739 765 770 774 744.27
152 47 651 683
133 36
109 505 551
98 472
92
317 355
102 109 110 104 108.2 107.1 262
77 80 89 97
54 67 69

FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16
Reserve Resource Net R&R MIC - Zinc MIC - Lead Total Mined Metal

Ore Production(mt) 3X Growth Silver Metal Integrated Saleable (MT) 9X Growth

10.45 422
9.3 9.36
8.6
8
7.5
6.7
7.1
2.5 3.8 4.36 5.97 288 301
1.4 2.1 266
5.8
1.7 2
5.1
4.8
1.7 202
3.9 1.4
3.6 1.3
3.1
1.5 6.1 5.9 6.1 139 148
1.4 5.5
1.3 5 5.1 5 105
4.1 4.48
3.5 3.7 80
2.2 2.5
1.8 47 51
35 24
11
FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16
Ore (OC) Ore (UG) Total Ore Production FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16

7 Hindustan Zinc Limited

 Robust Financial Performance

EBITDA CAGR 26% despite Zinc LME growth of only 9%

Rs bn EBITDA Rs bn PAT Rs bn Cash & Cash Equivalents*

80.00 90.00 400.00
70.00 80.00 350.00
60.00 70.00
300.00
60.00
50.00 250.00
50.00
40.00 200.00
40.00
30.00 150.00
30.00
20.00 20.00 100.00
10.00 10.00 50.00
- - -

02 04 06 08 10 12 14 16 0 2 03 04 0 5 0 6 07 08 09 1 0 11 1 2 1 3 14 15 16 0 2 0 4 0 6 0 8 1 0 1 2 1 4 1 6
FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY

*Before Project Capex

EPS Market Cap LME Price

Rs Rs bn $/MT
25.00 900.00 4,000
800.00 Zinc LME
20.00 3,500
700.00 Lead LME
3,000
15.00 600.00
500.00 2,500

10.00 400.00 2,000

300.00 1,500
5.00 200.00
1,000
100.00
- 500
-
02 04 06 08 10 12 14 16 -
FY04
FY05
FY06
FY07
FY08
FY09

FY13
FY14
FY15
FY16
FY02
FY03

FY10
FY11
FY12

FY FY FY FY FY FY FY FY

FY03
FY04
FY05

FY07
FY08
FY09

FY11
FY12

FY15
FY16
FY02

FY06

FY10

FY13
FY14
8 Hindustan Zinc Limited
Way Forward

Journey ahead - Projects

Resource driven growth
Current Capacity, (mtpa)
Six major projects to increase mined metal Capacity Addition, (mtpa)
capacity by 20% to 1.2 mtpa, including
replacement from RAM OC
3.8
3.75 1.75
Total capex of $1.5 billion, out of which ~$0.6 bn
is spent
0.3 2 0.65
Expansion of mines in sync with increasing R&R 0.9 0.35

Extension of RAM OC mine life to FY20 to RAM UG Rajpura Sindesar Kayad Zawar1.2 Bamnia
0.5
smoothen transition to UG Dariba Khurd Kalan

Transition to underground mining (% share in MIC) Future mine production profile

100% Ore Production MIC Production
90% 100%
100%
80%
70% 80% 80%
60%
60% 60%
50%
40% 40% 40%
30%
20% 20% 20%
10%
0% 2013-14
0% 2020-21

0%
2014-15 2020-21 2014-15 2020-21
FY15 FY16 FY17 FY18 FY19 FY20 FY21

Underground Open-cast BKM ZWM RDM SKM Kayad RA UG RA OC

9 Hindustan Zinc Limited

Community Engagement

Fostering Self-Reliance through

RAJASTHAN
Community Development

Reaching to more than half a million

people in Rajasthan

Positively impacting lives of more than

100,000 households in 358 Villages in

Rajasthan

Members of United Nations Global

Compact (UNGC), TERI-BCSD (Business

Council for Sustainable Development) and
National Population Stabilization Fund

10 Hindustan Zinc Limited

CSR Initiatives
Education
Model School Development
Vedanta Post Graduate college for
girls
Vedanta Computer Literacy
Program
Sustainable Livelihood
(Farm & Non-farm)
Improved Agriculture Program
Livestock Development Program
Vocational Trainings
11 Hindustan Zinc Limited
Health, Water & Sanitation
Vedanta- Hindustan Zinc Heart
Hospital, Udaipur
Rural Safe Drinking Water Project
Rural Sanitation Program
Women Empowerment
SHG Development Program
Capacity Building Interventions
Income Generation Programs
Sports & Culture
Sports Tournaments at district,
block and village level
Cultural events
Environment
Conservation
Mega Plantation Drive
Water Conservation Drive
Sewage Treatment Plant at
Udaipur
THANK YOU!