Udaipur (Daily Kiran): Hindustan Zinc Limited, the world’s largest integrated zinc producer and one of the top 10 silver producers globally, marked a significant milestone during its 60th Annual General Meeting by reaffirming its Hindustan Zinc 2.0 vision and outlining plans for its next phase of growth.
As the company completed six decades of operations, it highlighted its transformation journey towards becoming a future-ready multi-metal enterprise while announcing an ambitious target to double its production capacity from 1.1 million tonnes per annum (MTPA) to 2 MTPA over the next five years.
The company reported a record performance in FY26, with mined metal production exceeding 1.1 million tonnes, the highest in its history. Refined metal output was the second-highest ever, while the company continued to maintain its position among the world’s lowest-cost producers. FY26 also emerged as one of Hindustan Zinc’s strongest financial years, delivering record revenue, EBITDA and net profit. Driven by operational excellence and disciplined cost management, the company achieved an EBITDA margin of over 50 percent.
To support its expansion plans, Hindustan Zinc will undertake a capital expenditure programme of ₹40,000 crore to ₹50,000 crore over the next five years. The investment will focus on brownfield expansions and debottlenecking initiatives across operations and supply chains. The expansion is aimed at strengthening the company’s scale, global competitiveness and contribution to India’s self-reliance goals while positioning it as a future-ready energy transition company.
Addressing shareholders, Priya Agarwal Hebbar said the development of domestic capabilities in critical minerals would be a key pillar of India’s long-term growth story. She stated that Hindustan Zinc aims to strengthen its presence across multiple metals and critical minerals while supporting India’s industrial development and global supply chains.
The company is also expanding its critical minerals portfolio through Hindmetal Exploration Services Private Limited. It has secured new blocks for tungsten, potash and rare earth elements, along with a rare earth monazite block, described as one of the first such acquisitions by a private company in India.
Beyond mining, Hindustan Zinc is building an integrated ecosystem focused on downstream manufacturing, circular resource recovery and digital operations. Through its Zinc Industrial Park initiative and partnerships with Tripura Group and CMR Green Technologies, the company is working towards establishing India’s first integrated ecosystem for zinc-based manufacturing, aimed at supporting MSMEs, domestic value addition and the Make in India initiative.
The company is also developing a tailings reprocessing facility with an annual capacity of 10 million tonnes to recover value from legacy tailings. Investments in digital and AI-enabled mining technologies and circular resource management are also continuing.
On sustainability, Hindustan Zinc said it remains focused on responsible growth. The company aims to source 70 percent of its power requirements from renewable energy by FY28 and continues to advance initiatives in water stewardship, circularity and biodiversity conservation.
The company also highlighted its commitment to inclusive growth, noting that it has one of the highest levels of women’s participation in the sector, including in underground mining operations. Its community development initiatives now reach more than 4,000 villages and positively impact over 2.6 million people.
Looking ahead, Hindustan Zinc said its key priorities will remain strengthening cost leadership, expanding responsibly, growing its resource base, advancing sustainability and delivering long-term returns to shareholders. As it enters its seventh decade, the company is positioning itself for its next phase of growth built on scale, resilience, mineral security and long-term value creation.
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