Company advances into critical and rare minerals to bolster India’s self-reliance and global standing
Udaipur.
Hindustan Zinc Limited (BSE: 500188 | NSE: HINDZINC), a Vedanta Group company and the world’s largest integrated zinc producer, unveiled its transformative vision at the 59th Annual General Meeting (AGM). Under the banner of Hindustan Zinc 2.0, the company is redefining its trajectory—from being India’s largest zinc and silver producer to becoming a future-ready, multi-metal enterprise.
Addressing shareholders, Priya Agarwal Hebbar, Chairperson, Hindustan Zinc, stated:“Hindustan Zinc is evolving beyond its zinc and silver legacy to emerge as a multi-metal, future-ready enterprise. As the demand for critical minerals accelerates across clean energy, digital infrastructure, and national security, we are building the capabilities and global partnerships to responsibly power India’s growth.”
Expanding into Critical and Rare Minerals
The company is advancing exploration in copper, lithium, nickel, cobalt, potash, and rare earth elements, while also assessing prospects in neodymium, antimony, graphite, and germanium. Notably, Hindustan Zinc has become one of India’s first private sector companies to secure a rare earth (monazite) block—land-based and non-radioactive, in contrast to the beach-sand monazite traditionally mined in the country.
To accelerate this shift, Hindustan Zinc has floated international tenders for AI- and drone-enabled exploration, leveraging expertise from Australia, South Africa, Chile, and China. These initiatives align with the Government of India’s Critical Minerals Roadmap and aim to strengthen the country’s strategic mineral ecosystem.
Market Confidence and Financial Milestones
Priya Agarwal Hebbar also highlighted the company’s inclusion in the Futures & Options segment of NSE, along with its presence in the Nifty Next 50 and Nifty 100 indices. Earlier in FY25, Hindustan Zinc ranked third under the Nifty Metal Index by market capitalization and was listed among the top 10 wealth creators in the Nifty 200 Index, reaffirming investor confidence.
Scaling Operations: The 2x Growth Strategy
The company is executing a bold plan to double its production capacity, backed by significant investments. The first phase is already underway, with nearly ₹12,000 crore invested in a state-of-the-art 250 KTPA integrated refined metal smelter at Zinc Smelter Debari, Rajasthan. In parallel, mines and mills across multiple locations are being scaled up.
In addition, Hindustan Zinc is pioneering India’s first large-scale tailings reprocessing project at Rampura Agucha mines, involving an investment of ₹3,823 crore and a 10 million tonnes feed capacity to recover zinc and silver from historical tailings.
Diversification into Fertilizers
Beyond metals, the company is also investing in downstream integration through a large-scale fertilizer plant in Rajasthan, which will utilize sulphuric acid by-products. This initiative will reduce import dependency, conserve foreign exchange, and enhance access to high-quality fertilizers for Indian farmers.
Sustainability at the Core of Growth
Hindustan Zinc is embedding sustainability and circular economy practices at the heart of its growth model:
13% of operations already powered by renewable energy, with a target of 70% by FY28.
Achieved 3.32 times water positivity, reinforcing environmental stewardship.
Ranked as the world’s most sustainable metals and mining company by S&P Global CSA 2024 for the second consecutive year.
Became the first Indian mining company to join the International Council on Mining and Metals (ICMM), underscoring alignment with global best practices.
Hindustan Zinc 2.0 – Nation-Building Growth
The company’s next phase of growth rests on three strategic pillars:
Expanding into a multi-metal enterprise.
Embedding sustainability and circular economy practices across operations.
Investing in future-ready technologies and advanced exploration.
This bold shift moves the company from scale-focused growth to strategic, nation-building growth—positioning Hindustan Zinc at the heart of Atmanirbhar Bharat and Viksit Bharat.
