Hindustan Zinc signs MoU to explore hydrogen fuel in mining
HINDZINC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hindustan Zinc, the world's largest integrated zinc producer, signed an MoU with Advantek Associates LLP and Aero Eagle Automobiles to explore green hydrogen fuel solutions. The collaboration will assess hydrogen applications in underground mining, heavy earth-moving machinery, surface vehicles, and generators. A phased approach will begin with technical, safety, and financial feasibility studies before potential wider deployment. HZL aims to become the first in India's mining sector to deploy hydrogen fuel in underground mining. The move supports its Net Zero by 2050 target and ESG roadmap.
Exploratory MoU with no immediate financial impact; signals long-term push toward clean energy and decarbonisation of mining operations.