- Hindustan Zinc board approves plans for expanding its integrated refined metal capacity by 250 KTPA along with matching mines & mills capacity
Udaipur, 17th June 2025: Hindustan Zinc Limited (BSE: 500188 & NSE: HINDZINC), India’s only and the world’s largest integrated zinc producer, today announced that its Board has approved the first phase of investments for doubling production capacity. The company’s Board of Directors approved the initial plans for expanding its integrated refined metal capacity by 250 KTPA (kilotonnes per annum) along with matching mines & mills capacity across multiple locations with an investment of nearly ₹12,000 crores.
India’s demand for zinc is projected to double over the next 5-10 years, driven by significant investments in infrastructure, including steel production, according to the International Zinc Association. Hindustan Zinc’s expansion aligns with the strong growth expected in domestic and global steel demand. The company plans to double its metal and silver capacities over the next five years, taking the total metal production capacity to over 2,000 KTPA and silver production capacity to 1500 tonnes. The Board has approved the project for setting up a new 250 KTPA integrated smelter at Debari in Udaipur district (Rajasthan) along with associated mines & mills expansion across its operations. The company’s current metal production capacity stands at 1.1 million tonnes. The project is targeted to be completed in a period of 36 months with an overall cost of nearly ₹12,000 crores.
This development is significant as it comes at the time of continued global deficit in the zinc market. Since the government disinvested its stake in 2002 and subsequent acquisition by Vedanta Group, the company’s zinc production has grown 4 times while silver production has grown more than 20 times. The company is amongst the lowest cost zinc producers globally and holds the 2nd highest zinc reserves & resources globally with over 25 years of mine life.
Commenting on the development, Arun Misra, CEO – Hindustan Zinc Limited, said: We are excited to announce this 2x growth project towards doubling our capacity across zinc, lead and silver, which is strategically aligned with the country’s expanding economic landscape, increasing demand opportunities and keeping country self-reliant for Zinc. By closely matching the pace of national growth, we are confident that this will create significant value for our stakeholders and drive long-term success.”
About Hindustan Zinc Limited
Hindustan Zinc Limited (BSE: 500188 and NSE: HINDZINC), a Vedanta Group company, is the world’s largest integrated zinc producer and is amongst the top 5 silver producers globally. The company supplies to more than 40 countries and holds a market share of about 77% of the primary zinc market in India. Hindustan Zinc has been recognized as the world’s most sustainable company in the metals and mining category for the second consecutive year by the S&P Global Corporate Sustainability Assessment 2024, reflecting its operational excellence, innovation, and leading ESG practices. The company also launched EcoZen, Asia's first low carbon 'green' zinc brand. Produced using renewable energy, EcoZen has a carbon footprint of less than 1 tonne of carbon equivalent per tonne of zinc produced, about 75% lower than the global average. Hindustan Zinc is also a certified 3.32 times Water-Positive company and is committed to achieving Net Zero emissions by 2050 or sooner. Transforming the lives of 2.3 million people through its focused social welfare initiatives, Hindustan Zinc is among the Top 10 CSR companies in India. As an energy transition metals company, Hindustan Zinc is pivotal in providing critical metals essential for a sustainable future.
For more information, please visit – https://www.hzlindia.com/home/ and follow us on LinkedIn, Twitter, Facebook, and Instagram for more updates.
For any media queries, please contact:
Sonal Choithani
Chief Brand & Communications Officer
Hindustan Zinc Ltd
sonal.choithani@vedanta.co.in
