trending Market Intelligence /marketintelligence/en/news-insights/trending/rEJrHecDWYk6FAuSLV2_fA2 content esgSubNav
In This List

Hindustan Zinc granted approval to more than double lead-zinc capacity in India

Blog

Japan M&A By the Numbers: Q4 2023

Blog

Infographic: The Big Picture 2024 – Energy Transition Outlook

Case Study

An Oil and Gas Company's Roadmap for Strategic Insights in a Quickly Evolving Regulatory Landscape

Blog

Essential IR Insights Newsletter Fall - 2023


Hindustan Zinc granted approval to more than double lead-zinc capacity in India

Vedanta Resources Plc unit Hindustan Zinc Ltd. was granted environment clearance for a 7.4 billion-Indian-rupee expansion project at its Rajasthan, India-based lead-zinc production facility, as well as the Sindesar Khurd underground zinc-lead-silver mine, India Today reported Dec. 28, citing a senior government official.

The company plans to increase lead-zinc production capacity to 4.5 million tonnes per annum from 2 Mtpa, while ore beneficiation capacity at the underground mine will be enhanced to 5 Mtpa from 2 Mtpa.

The Indian group was granted approval in January 2016 to increase lead-zinc output capacity to 3.75 Mtpa and to 4.25 Mtpa for ore beneficiation, but later in September, the company applied for an amendment to further expand production capacity at the two locations to 4.5 Mtpa and 5 Mtpa, respectively.

The company will restrict the expansion project to its existing 148.84-hectare area of the facility.

As of Dec. 27, US$1 was equivalent to 68.01 Indian rupees.