Udaipur, June 29: Hindustan Zinc Limited , 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.