#### “Multi-Metal Future to be Hindustan Zinc’s strategic imperative as part of 2x growth strategy”, says Priya Agarwal Hebbar

Udaipur, At its 59th Annual General Meeting, Hindustan Zinc Limited (BSE: 500188 & NSE: HINDZINC), a Vedanta Group company and the world’s largest integrated zinc producer, highlighted its vision for Hindustan Zinc 2.0 – a transformation from being India’s largest zinc and silver producer to becoming a multi-metal, future-enabling enterprise.

While addressing the shareholders, Chairperson Priya Agarwal Hebbar said, “Hindustan Zinc is moving beyond its zinc and silver legacy to become a multi-metal, future-ready enterprise. As demand for critical minerals grows across clean energy, digital infrastructure, and national security, we are building the capabilities and global partnerships to responsibly power India’s growth.”

Hindustan Zinc is actively advancing exploration in copper, lithium, nickel, cobalt, potash, and rare earth elements, while also evaluating prospects in neodymium, antimony, graphite, and germanium. The company has become one of the first private players in India to secure a rare earth (monazite) block, a land-based, non-radioactive deposit distinct from the beach-sand monazite traditionally mined in the country.

To accelerate this journey, Hindustan Zinc has floated international tenders for AI- and drone-led exploration, drawing on global expertise from Australia, South Africa, Chile, and China. These efforts strengthen India’s strategic mineral ecosystem and align with the Government’s Critical Minerals Roadmap.

During the 59th AGM proceedings, the Chairperson also highlighted that Hindustan Zinc’s inclusion in the Futures & Options segment of NSE, along with its presence in the Nifty Next 50 and Nifty 100 indices, marks another significant milestone, reaffirming the strong confidence of investors. Earlier in FY25, the company secured the 3rd position under the Nifty Metal Index based on market capitalisation and emerged among the top 10 wealth creators on the Nifty 200 Index.

Hindustan Zinc is scaling up operations to double production capacity in the coming years, with new smelting capacity and mine expansions underway. First phase of 2x growth strategy is already underway with nearly ₹12,000 crore invested in a new integrated refined metal smelter of 250 KTPA at Zinc Smelter Debari in Rajasthan, alongside the scale-up of mines and mills across multiple locations. This also includes India’s first-of-its-kind tailings reprocessing project at Rampura Agucha mines, with an investment of ₹3,823 crore and a 10 million tonnes feed capacity to recover zinc and silver from historical tailings.

Alongside metals, the company is also investing in downstream integration through a large-scale fertilizer plant in Rajasthan, which will leverage sulphuric acid by-products to strengthen Indian agriculture. This step is designed to reduce import dependency, conserve foreign exchange, and provide access to high-quality fertilizers in India.

Even as it scales, Hindustan Zinc continues to integrate sustainability at the core of growth. Nearly 13% of operations are already powered by renewable energy, with a target of reaching 70% by FY28. The company has achieved 3.32 times water positivity and has been ranked the world’s most sustainable metals and mining company by S&P Global CSA 2024 for two consecutive years. Hindustan Zinc also became the first Indian mining company to join the International Council on Mining and Metals (ICMM), reinforcing its alignment with global best practices in responsible and sustainable mining.

Hindustan Zinc 2.0 marks the company’s next phase of growth – built on three pillars: expanding into a multi-metal enterprise, embedding sustainability and circular economy practices across operations, and investing in future-ready technologies and exploration. It represents a bold shift from scale alone to strategic, nation-building growth that places the company at the heart of Atmanirbhar and Viksit Bharat.

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 5 silver producers globally. The company supplies to more than 40 countries and holds a market share of about 77% 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 second consecutive year by the S&P Global Corporate Sustainability Assessment 2024, 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, EcoZen has a carbon footprint of less than 1 tonne of carbon equivalent per tonne of zinc produced, about 75% lower than the global average. Hindustan Zinc is also a certified 3.32 times Water-Positive company and is committed to achieving Net Zero emissions by 2050 or sooner. Transforming the lives of 2.3 million people through its focused social welfare initiatives, Hindustan Zinc is among the Top 10 CSR companies in India. As an energy transition metals company, Hindustan Zinc is pivotal in providing critical metals essential for a sustainable future.