Hindustan Zinc Advances ‘HZL Vision 2.0’ As It Marks 60 Years of Operations, Targets Doubling Production to 2 MTPA

• Outlines Rs 40,000-50,000 crore capex programme in next 5 years
• Continues to diversify into critical and rare minerals
• Strengthening India's resource security

Udaipur, 29 June 2026: Hindustan Zinc Limited (BSE: 500188; NSE: HINDZINC), a Vedanta Group company, the world’s largest integrated zinc producer and among the top 10 silver producers globally, marked a significant milestone at its 60th Annual General Meeting, commemorating six decades of operations and reinforcing its Hindustan Zinc 2.0 vision — an ongoing transformation into a future-ready, multi-metal enterprise.

The company delivered a record performance in FY26, with highest-ever mined metal production exceeding 1.1 million tonnes and second-best refined metal output, while maintaining one of the lowest cost positions globally. FY26 emerged as one of Hindustan Zinc’s strongest financial years, marked by record revenue, EBITDA, and net profit with industry leading EBITDA margins exceeding 50%, driven by operational excellence and disciplined cost management.

Hindustan Zinc plans to double production from 1.1 million tonnes to 2 million tonnes over the next five years, supported by a Rs 40,000-50,000 crore capex programme spanning brownfield expansions and debottlenecking initiatives across operations and supply chains. This expansion is aimed at strengthening the company’s scale and global competitiveness, making it a future-ready energy transition company, and contributing towards the self-reliance initiative of the country.

Addressing shareholders, Chairperson Priya Agarwal Hebbar said, “Building domestic capabilities in critical minerals will be central to India's long-term growth story. This is where Hindustan Zinc's role is evolving. Our ambition is to become a future-ready energy transition company - building strength across multiple metals and critical minerals that support India's industrial growth and strengthen global supply chains."

Hindustan Zinc continues to strengthen its critical minerals pipeline through Hindmetal Exploration Services Private Limited, having secured new blocks for tungsten, potash, and rare earth elements, in addition to a rare earth monazite block, among the first such acquisitions by a private player in India.

Beyond mining, Hindustan Zinc is also building integrated ecosystems across downstream manufacturing, circular resource recovery and digital operations. The Zinc Industrial Park initiative reflects this approach. Through the Partnership with Tripura Group and CMR Green Technologies, we are moving forward towards building India’s first integrated ecosystem for zinc-based manufacturing, supporting MSMEs, domestic value addition and the Make in India agenda. The company is also progressing a tailing reprocessing facility with a feed capacity of 10 million tonnes per annum to unlock value from legacy tailings, alongside continued investments in digitally enabled and AI-led mining and strengthening our approach to circular resource use.

On sustainability, Hindustan Zinc remains focused on responsible growth, with plans to source 70% of its power from renewables by FY28, alongside continued progress in water stewardship, circular resource use and biodiversity. The company also continues to strengthen inclusive growth, with one of the highest levels of women’s participation in the sector, including in underground operations. Its community welfare initiatives now reach over 4,000 villages and impact 2.6 million people.

Looking ahead, the company said its priorities remain focused on strengthening cost leadership, executing growth responsibly, expanding its resource base, advancing sustainability and delivering long-term shareholder returns. As it enters its seventh decade, Hindustan Zinc is positioning itself for the next phase of growth anchored in scale, resilience, mineral security, and long-term value creation.

About Hindustan Zinc

Hindustan Zinc Limited (BSE: 500188 and NSE: HINDZINC), a Vedanta Group company, is the world’s largest integrated zinc producer and is amongst the top 10 silver producers globally. The company supplies to more than 40 countries and holds a expected market share of about 74% of the primary zinc market in India. Hindustan Zinc has been recognized as the world’s most sustainable company in the metals and mining category for the third consecutive year by the S&P Global Corporate Sustainability Assessment 2025, reflecting its operational excellence, innovation, and leading ESG practices. The company also became the first Indian company to join the prestigious International Council on Mining & Metals (ICMM) in 2025. The company also launched EcoZen, Asia’s first low carbon ‘green’ zinc brand, produced using renewable energy. Hindustan Zinc is also a certified 3.32 times Water-Positive company and is committed to achieving Net Zero emissions by 2050 or sooner. The company is also transforming the lives of 2.6 million people through its focused social welfare initiatives. As an energy transition metals company, Hindustan Zinc is pivotal in the journey of sourcing critical metals essential for a sustainable future.