Hindustan Zinc Limited, a Vedanta Group company and the world’s largest integrated zinc producer, has announced an ambitious growth roadmap aimed at doubling its annual production capacity to 2 million tonnes over the next five years. The announcement was made during the company’s 60th Annual General Meeting, marking six decades of operations and outlining its long-term transformation strategy under the “HZL Vision 2.0” programme.
The company plans to invest between Rs 40,000 crore and Rs 50,000 crore over the next five years to expand its mining and metal production capacity. The investment will be directed towards brownfield expansion projects, debottlenecking initiatives and improvements across its operational and supply chain infrastructure, reinforcing its position as a leading global producer of energy transition metals.
Hindustan Zinc reported one of its strongest financial performances in FY26, recording its highest-ever mined metal production of more than 1.1 million tonnes while achieving its second-highest refined metal output. The company also registered record revenue, EBITDA and net profit, supported by strong operational performance, disciplined cost management and industry-leading EBITDA margins exceeding 50 percent.
Addressing shareholders, Chairperson Priya Agarwal Hebbar said the company is broadening its role beyond zinc production by strengthening its presence in critical and strategic minerals that are essential for India’s long-term industrial growth. She noted that Hindustan Zinc aims to evolve into a diversified energy transition metals company while contributing to the country’s resource security and supporting global supply chains.
As part of this strategy, the company continues to expand its critical minerals portfolio through Hindmetal Exploration Services Private Limited. It has secured exploration blocks for tungsten, potash and rare earth elements, including one of India’s first privately acquired monazite-bearing rare earth blocks.
Hindustan Zinc is also strengthening its downstream capabilities by developing an integrated zinc manufacturing ecosystem. Through collaborations with Tripura Group and CMR Green Technologies, the company is working towards establishing India’s first integrated zinc-based manufacturing ecosystem to support domestic value addition and promote the growth of micro, small and medium enterprises.
In addition, the company is developing a tailings reprocessing facility with a planned processing capacity of 10 million tonnes annually. The project is intended to recover valuable resources from legacy mine tailings while advancing circular resource management. Investments in digital technologies, artificial intelligence-enabled mining and automation are also expected to improve operational efficiency and sustainability.
The company remains committed to its environmental and social objectives. It plans to source 70 percent of its power requirements from renewable energy by FY28 while continuing efforts in water conservation, biodiversity protection and circular resource utilisation. Hindustan Zinc’s community development initiatives now extend across more than 4,000 villages, positively impacting over 2.6 million people.
