DEFINITION

EMPLOYEE WELFARE
MEANING:
MEANING:Employee or labour welfare is
Employee or labour welfare is
comprehensive term including various
services,
comprehensive term including various
services,
benefits and facilities offered to employee by
the
benefits and facilities offered to employee by
the
employer. Through such generous fringe
benefits the
employer

AGENCIES FOR
WELFARE
WORK
WORK
1. HINDUSTAN ZINC LIMITED:

Hindustan Zinc Ltd (HZL) is India’s leading zinc producer. A vertically integrated Mining & Smelting

company, HZL, is currently gearing up to becoming a global lowest-cost producer. As a part of Vedanta

Resources, a London listed metals and mining major with Aluminium. Copper and Zinc operations in UK.

India and Australia. HZL takes advantage of its mineral resources and related core competencies and believes

it has growth opportunities for increasing products and improving returns.

The Key features of the company are as:

•
The only integrated Zinc producer in India
•
Refined Zinc production capacity 411,000 tpa
•
Refined Lead production capacity 85,000 tpa
•
Ore treatment capacity 5.85 Mtpa
1.1 INTRODUCTION:

Hindustan Zinc Limited was incorporated as a Government of India Enterprise under the ministry of Steel &

Mines, Department of Mines, on January 10, 1966, after take-over of erstwhile Metal Corporation of India

Limited, interalia, to own, manage& develop mining & smelting capacities for the important strategic zinc &

Lead metals in the country with an operative lead smelter at Tundoo, Dhanbad & Mines at Zawar, Udaipur.

Phasewise development of mines, commissioning of Smelters at Debari & Vishakhapatnam, capacity of HZL

to produce lead & zinc reached to 79,000 MT of zinc & 30,000 MT of lead by 1990
HINDUSTAN ZINC LIMITED
1.2 VISION:
Be a world-class zinc company, creating value, leveraging mineral resources and related core
competencies.
1.3 MISSION:
•

Be a lowest cost Zinc Producer on a global scale, maintaining market leadership

•

Produce half Million Tonnes/Year of Zinc by 2005

•

Be innovative, customer oriented and eco-friendly, maximizing stake-holder value

•

The only integrated Zinc producer in India

•

Refined Zinc production capacity 230,000 tpa

•

Refined Lead production capacity 35,000 tpa

•

Ore treatment capacity 4.6 Mtpa

Continuous operational improvements, meticulous planning, constant innovation, extensive R&D,

technological upgradation and so much more - HZL has come a long way and grown into a multi-unit and

multi-product company.

HZL Milestones at a glance:

2002-03

Sterlite acquires 26% and management control in HZL from the Government of India in privatization. A

further 20% is bought from market through open offer and 18.92% from Government of India under call

option.

1991
Chanderiya Pyrometallurgical lead-zinc smelter and Rampura Agucha mine begin
production.
1983
Rajpura Dariba Mine starts production.
1977
Vizag zinc smelter and second set of Zawar mine facilities commissioned