The Economic Times

Hindustan Zinc to invest up to $600 million this fiscal, 80% capex earmarked for ongoing projects

Hindustan Zinc plans a significant investment of $500-600 million this fiscal year. Eighty percent of this capital expenditure will fund ongoing projects already in progress. The remaining twenty percent will support new initiatives which the company will announce soon. Approved projects account for 250,000 tonnes of capacity, requiring substantial financial backing. Further expansion to 650 KT will necessitate similar investment over the next four to five years.