In a bid to expand operations and capacity, Hindustan Zinc (HZL) is planning invest Rs 8,000 crore in the next 3-5 years. The firm is targeting to take the existing ore production levels of 9.36 million tonnes per annum (MTPA) to 14 MTPA and finished metal production to 1.10 MTPA from 0.85 MTPA.
Hindustan Zinc, the world’s second biggest zinc producer, operates the world’s third largest open-pit mine, and world’s largest Zinc Mine in Rampura Agucha, Rajasthan. It has other mines in Sindesar Khurd, Rajpura Dariba, Kayar and Zawar, all in Rajasthan. Cairn India’s Mangala field in Rajasthan is the largest onshore oil discovery in India in more than 20 years.
