Hindustan Zinc lines up $2bn investment to ramp up production

India’s largest zinc miner, Hindustan Zinc Limited (HZL), part of Vedanta Group, has lined up an estimated $2-billion for capital investments over the next five years to ramp up metal production to 1.5-million tons a year, up from 800 000 t/y currently. “We have already started working on increasing zinc production to 1.3-million tons a year and it will take two to three years to reach this level. Thereafter, we will aim for production of 1.5-million tons a year, which would take another two years,” HZL CEO Sunil Duggal said in a statement.