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Hindustan Zinc plans to set up zinc fumer plant

10 Mar 2017 Evaluate

Hindustan Zinc, a Vedanta group company, is planning to set up its first Zinc Fumer Plant in Rajasthan at an estimated expenditure of Rs 570 crore. The plant will extract metals from waste and produce about 3,000 tonnes of zinc per annum. The company has placed formal order with Chinese firm Nonferrous Metal Industry’s Foreign Engineering & Construction Co (NFC).

Hindustan Zinc (HZL) is an India-based company, which is engaged in the mining and smelting of zinc, lead and silver metal in India. The Company's segments are Mining and smelting of zinc, lead and silver, and Wind energy.

Peers
Company Name CMP
Hindalco Industries 960.50
Vedanta 257.20
Hindustan Zinc 561.00
Jain Resource Recycl 275.10
CMR Green Tech 212.80
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