Hindustan Zinc shares in focus amid Board approves setting up of Reprocessing Plant
Hindustan Zinc Ltd has approved a 3823 crore investment for Indias first 10 MTPA tailings reprocessing plant. The move supports its 2X growth plan boosting recovery and sustainability.
Shares of Vedanta Ltd’s subsidiary Hindustan Zinc Ltd are in focus as the company has approved the setting up of a 10 MTPA Tailings Reprocessing Plant.
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The Board of Directors of the Company at their Board meeting held on August 18, 2025, have approved setting up of a 10 MTPA Tailings Reprocessing plant as part of the Company’s overall 2X growth plan (i.e. doubling the capacity).
The Tailings reprocessing plant, at a capital expenditure of up to INR 3823 Cr. aims to recover metal from the tailing dumps.
This one-of-a-kind plant, “a first” in India, will enable reduction of environmental footprint associated with traditional wet tailings disposal, enhance HZL's overall mineral recovery and usher in improved sustainability.
Shares of HZL are trading down by 0.15% at Rs 426.00 at BSE. The company has market capitalization of Rs 1.81 lakh crore with P/E ratio at 17.60. However, the stock has been corrected over by 4.14% since last six months.
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