Hindustan Zinc Limited has informed the Exchange about Transcript

Hindustan Zinc's board has approved the first phase of its 2x growth plan — a 250,000 tonnes per annum (KTPA) expansion of integrated refined metal capacity with an investment of about Rs. 12,000 crores. This includes a new smelter at Debari, a 150 KTPA roaster, a 2.4 MTPA concentrator, and supporting mine and mill capacity, raising total metal capacity to ~1.379 MTPA. The overall plan targets doubling capacity to 2 MTPA by FY 2031, with silver capacity rising from ~800 to 1,500 tonnes and ore production growing from 19.3 MT to 31 MT. Management projects revenue of Rs. 40,000 crores and EBITDA of Rs. 21,000 crores at 250 KTPA, scaling to Rs. 60,000–65,000 crores revenue and Rs. 34,000–42,000 crores EBITDA at full 2x capacity. CAPEX for the full doubling is estimated at Rs. 32,000–35,000 crores over 5 years, funded through a mix of debt and internal accruals, while the company commits to maintaining ~50% EBITDA margins, ~$1,000/ton cost, and 70% renewable energy by FY 2028.