New Delhi: Hindustan Zinc Ltd, a Vedanta Group company, on Monday said it will double its production capacity and expand into multiple critical minerals as part of its “Hindustan Zinc 2.0” strategy.
At its 59th Annual General Meeting, the company said it has invested nearly ₹12,000 crore in a new 250 KTPA integrated smelter at Zinc Smelter Debari in Rajasthan and ₹3,823 crore in a 10 million tonnes tailings reprocessing project at Rampura Agucha mines.
“Hindustan Zinc is moving beyond its zinc and silver legacy to become a multi-metal, future-ready enterprise. As demand for critical minerals grows across clean energy, digital infrastructure, and national security, we are building the capabilities and global partnerships to responsibly power India’s growth,” Chairperson Priya Agarwal Hebbar told shareholders.
The company said it is advancing exploration in copper, lithium, nickel, cobalt, potash, and rare earth elements, and has also secured a rare earth (monazite) block — making it one of the first private firms in India to do so. Hindustan Zinc is evaluating prospects in neodymium, antimony, graphite, and germanium, and has invited global expertise from Australia, South Africa, Chile, and China through international tenders for AI- and drone-led exploration.
Hindustan Zinc said it is also diversifying downstream with a large-scale fertiliser plant in Rajasthan to utilise sulphuric acid by-products.
The company highlighted its inclusion in NSE’s Futures & Options segment, the Nifty Next 50 and Nifty 100 indices, and its third-place ranking in the Nifty Metal Index. It also figured among the top 10 wealth creators on the Nifty 200 Index in FY25.
On sustainability, the company said 13 per cent of operations are powered by renewables, with a target of 70 per cent by FY28. Hindustan Zinc has achieved 3.32 times water positivity and was ranked the world’s most sustainable metals and mining company by S&P Global CSA for two years in a row. It also became the first Indian miner to join the International Council on Mining and Metals (ICMM).
The company said Hindustan Zinc 2.0 will rest on three pillars — expansion into multi-metals, embedding sustainability across operations, and investing in future-ready technologies and exploration.
