Top Searches
Advertisement

Hindustan Zinc Unveils ₹12,000 Crore Expansion Plan to Double Metal Production

Updated: June 17, 2025 17:00

Image Source: CNBC TV18
Hindustan Zinc Ltd has announced a ₹12,000 crore investment plan to significantly expand its zinc, lead, and silver production capacity, reinforcing its position as a global leader in metal refining.
 
Key Highlights:
  • Doubling Production Capacity: The company aims to increase its total metal production to over 2,000 KTPA and silver refining capacity to 1,500 tonnes over the next five years.
  • New Smelter in Rajasthan: A 250 KTPA integrated smelter will be established at Debari, Rajasthan, alongside enhanced mining and milling capacities across multiple locations.
  • Strategic Growth Initiative: The expansion aligns with India’s rising infrastructure and steel demand, ensuring selfreliance in zinc production amid a global supply deficit.
  • Funding and Timeline: The project will be completed within 36 months, financed through internal accruals and debt, reflecting Hindustan Zinc’s longterm commitment to sustainable growth.
  • Market Impact: The company’s shares saw a 5% dip following the announcement, but analysts view the expansion as a strategic move to capitalize on future demand.
With this ambitious plan, Hindustan Zinc is set to reinforce its leadership in the global metals industry, ensuring India’s dominance in zinc production while driving economic and industrial growth.
 
Source: Economic Times Auto, Business Standard, News18

Advertisement

STORIES YOU MAY LIKE

Image Source: Jansatta
Full Fare, No Share: Ola Empowers Drivers with Zero Commission Rides Across India
Image Source: Times of India
SEBI Unleashes KYC Power: All KRAs to Double as Accreditation Agencies for Smoother Investing
Image Source: The Print
Safe Skies, Smoother Rides: DGCA Clears Air India’s 787s, Pushes for Sharper Operations
Advertisement
Image Source: Moneycontrol
Taxed and Tested: HCL Infosystems Faces Excise Demand, Legal Strategy in the Works
Image Source : World Bank
China’s Green Great Wall Expands: Nation Reports Major Progress in Desertification Control
Image Source : WV News
Turtle Wax Unveils “You Are How You Car” Campaign in India, Blending Car Care with Self-Expression
Image Source : USA Today
Monterrey vs Inter Milan: Club World Cup Showdown Set for Prime-Time Kickoff at Rose Bowl
Advertisement
Live Blogs
From Stocks to Squats: How Nithin & Nikhil Kamath’s Rainmatter Is Investing in India’s Fitness Future, One Startup at a Time
North Goes South: A Culinary Culture Clash That Tastes Like Harmony
Globe-Trot on a Shoestring: 5 Hacks for Wallet-Friendly Wandering
Funds of Wisdom: How Dads Shape Our Financial DNA
Top Stories
Image Source: SportsMint Media
Promises, Partnerships, and Power Plays: Bumrah & Sanjana Step Up as Canara HSBC Life Insurance’s New Faces
Image Source: Instagram
Reva Diamond’s Dazzling Leap—₹4.5 Billion IPO to Spark 15-Store Expansion Spree
Image Source: The Financial Express
Prescription for Progress: India Opens the Gates for Pharma Sugar Exports
Image Source: Reuters
Sky Shield Activated: U.S. Extends Warplane Missions as Middle East Conflict Ignites
Advertisement
Advertisement

Follow WOWNEWS 24x7 on:

Copyright 2024 WOWNEWS 24x7. All rights reserved. The WOWNEWS 24x7 is not responsible for the content of external sites. Read about our approach to external linking.

Powered By Just Imagine