Hindustan Zinc to invest $15 million for high-end digitization at its mines

Mine digitization to lower cost of production by 10%; Co looking to cut cost of production to $900 per tonne from $1,077 per tonne now

In a bid to lower its cost of production amid the ongoing economic slowdown, Hindustan Zinc Ltd, part of Vedanta Group, is investing $15 million (Rs 107 crore) for high-end digitalization at its mines.

“High-end digitization of mines will bring down our cost of production by 10 per cent directly as it will help monitor the health of machines deployed underground on several parameters,” Sunil Duggal, chief executive officer at Hindustan Zinc told Business Standard.

The company has currently laid the WiFi network at two of its mines-- Sindesar Khurd and Rampura Agucha with about 60-70 per cent of work