Hindustan Zinc Ltd.

Hindustan Zinc (HZL) has signed a memorandum of understanding (MoU) with Swedish mining tools and technical solutions firm Sandvik AB to introduce the latter's battery-powered loaders and trucks in its underground mines.

The agreement is a part of the company's plans to invest around $1 billion announced last year to replace diesel-run vehicles and equipment with battery Electric Vehicles (EVs) across its eight mines over a period of five years. The company is striving to achieve carbon neutrality. Through the MoU, HZL will introduce Sandvik's battery electric 'TH550B' trucks and 'LH518B' loaders in its underground mines.

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.