New Delhi: Hindustan Zinc is set to commission two new mills in Rajasthan with a joint capacity of 3 million tonnes (MT) of ore-treatment with an investment of Rs600 crore, a top company official said. After the commissioning of the new mills, the ore treatment capacity will increase to 17.5 MT from the current 14.5 MT per annum. We are investing close to Rs600 crore to set up these two new mills,” Hindustan Zinc CEO Sunil Duggal told PTI. Zawar’s current ore treatment capacity is 2.5 MT, and post setting up of new mill of 1.5 MT, the ore treatment capacities would increase to 4 MT. He said since disinvestment in 2002, Hindustan Zinc has invested over $3 billion in expansion programmes to reach the metal production capacity of 1 million tonne.

Source: Mint February 25, 2018 06:33 UTC