The facility, which the company said will be India’s first of its kind, is designed to recover metals from accumulated tailing dumps. The move forms part of the miner’s broader “2X growth plan,” aimed at doubling capacity.
According to the company’s exchange filing, the project will also help reduce the environmental footprint linked to traditional wet tailings disposal while improving overall mineral recovery.Ahead of the announcement, shares of Hindustan Zinc Ltd closed at ₹426 on the NSE, down 0.15% for the day.
Also Read: Hindustan Zinc Q1 Results: Topline misses estimates but margin holds firm
Earlier last month, the company posted a consolidated net profit of ₹2,234 crore in Q1 FY26, beating the CNBC-TV18 poll estimate of ₹2,156 crore. However, this marked a 4.7% decline from ₹2,345 crore reported in the same quarter last year.
Revenue for the quarter fell 4.4% year-on-year to ₹7,771 crore from ₹8,130 crore, missing Street expectations of ₹7,850 crore.
