Hindustan Zinc plans to expand and double refined metal capacity growth
New Delhi: Hindustan Zinc Limited Board has approved its plan for expansion of integrated refined metal capacity by 250 ktpa along with matching mines & mills capacity with an investment of Rs 12,000 crores, as part of 2x growth plan.
The company has announced that as part of doubling the capacity of zinc, lead and silver, the Board of Directors of HZL has approved the initial plans for capacity expansion. This expansion aligns with the strong growth in demand both in India and globally over the next five years.
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The Board has approved the project for setting up new 250 ktpa integrated smelter at Debari along with mines & mills expansion across the mines. The project is targeted to be completed in a period of 36 months with an overall cost of Rs 12,000 crores.
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