Hindustan Zinc board approves Rs 12,000 crore expansion to boost capacity
By Aditya Bhagchandani Published on June 17, 2025, 13:13 IST
Shares of Hindustan Zinc are in focus today after the company's board approved a major investment plan to expand its zinc metal production capacity. The board has cleared a proposal to set up a 250 KTPA integrated zinc metal complex at Debari, along with associated mining and milling infrastructure, at a total capital outlay of up to Rs 12,000 crore. This expansion is part of the company's broader '2x growth plan', aimed at doubling capacity in zinc, lead, and silver production over the next few years.
According to the investor presentation and press release, this new smelter will be completed within 36 months and is expected to increase the company's total smelting capacity from 1.13 million tonnes to 1.38 million tonnes. The project will be financed through internal accruals and debt.
The expansion comes amid rising domestic demand for zinc, especially driven by steel and infrastructure sectors. Hindustan Zinc is one of the world's largest integrated zinc producers and the leading player in India's primary zinc market, with a current market share of over 77%.
The stock may witness active trading today following this significant capital investment and long-term capacity expansion announcement.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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