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Hindustan Zinc begins detailed exercise for next phase of expansion

31 Aug 2020 Evaluate

Hindustan Zinc has begun a detailed exercise for the next phase of expansion and is focused on creating a long-term sustainable value for stakeholders. To meet its expansion goal, the company has listed a host of priorities including ramping up underground mines, optimisation of production costs, refocused capital investments, automation and digitalisation. Among other strategic priorities are refocussed capital investments to enhance profitability and sustainability as well as sustained exploration to add and upgrade resource. The company is working relentlessly towards realising its long-term business growth potential and is in advanced stages of implementing brown-field exploration programme across all its mining leases.

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.

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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