Hindustan Zinc, a leading integrated producer of zinc, lead, and silver, has announced a significant step towards sustainable mining and resource optimization. The company's Board has approved the establishment of India's first zinc tailings reprocessing plant at its Rampura Agucha Mine in Bhilwara district, Rajasthan.

Project Details

Strategic Importance

The new facility aims to extract residual metals, primarily zinc and silver, from previously processed tailings. This innovative approach will effectively transform waste into valuable resources, aligning with global sustainability trends in the mining sector.

Expansion Plans

This project is part of Hindustan Zinc's broader strategy to enhance its production capabilities:

• It supports the company's plan to double its production capacity.
• Aligns with India's projected doubling of zinc demand over the next five to ten years.
• The Board approved a Rs 12,000.00 crore investment to:
  • Expand refined metal capacity by 250.00 kilotonnes per annum
  • Upgrade mines and milling infrastructure

Environmental Initiatives

Hindustan Zinc has also made strides in reducing its environmental impact:

• Reported a 15.00% reduction in greenhouse gas emissions intensity compared to the 2020 baseline.
• Launched EcoZen, Asia's first low-carbon 'green' zinc produced using renewable energy.

The approval of this tailings reprocessing plant marks a significant milestone in Hindustan Zinc's commitment to sustainable mining practices and resource efficiency. By repurposing what was once considered waste, the company is setting a new standard in the Indian mining industry while positioning itself to meet the growing demand for zinc in the country.

Hindustan Fluorocarbons Limited (HFL) has announced its unaudited financial results for the first quarter ended June 30, 2025, along with several key board decisions. The company, which is currently in the process of discontinuing its operations, reported a profit from discontinued operations and approved important measures for its upcoming Annual General Meeting (AGM).

Financial Performance

HFL reported a profit of ₹27.93 lakh from discontinued operations for Q1 FY2025-26, showing a slight improvement from ₹26.05 lakh in the same quarter of the previous year. The total income for the quarter stood at ₹51.98 lakh, compared to ₹56.04 lakh in Q1 FY2024-25.

The company's earnings per share for discontinued operations increased to ₹0.14 from ₹0.13 in the corresponding quarter of the previous year.

Key Board Decisions

In its 232nd Board Meeting held on August 12, 2025, HFL's Board of Directors approved several important matters:

1. Directors' Report: The board approved the Directors' report for the financial year 2024-25.

2. 42nd AGM Arrangements: The company has set the stage for its 42nd Annual General Meeting, appointing M/s. ARS & Associates, Company Secretaries LLP as the scrutinizer for remote e-voting and e-voting at the AGM.

3. Record Date and Register Closure: The register of members will be closed from September 19 to 25, 2025 (both days inclusive) for the AGM. The record date has been fixed as September 18, 2025.

4. E-voting Services: NSDL has been appointed to provide services for video conferencing and e-voting facilities for the AGM.

5. CAG Certificate: The board noted a 'Nil comment' certificate from the Comptroller and Auditor General of India (CAG) under section 143(6)(b) of the Companies Act, 2013 on HFL's accounts for the year ended March 31, 2025.

6. Secretarial Auditors: M/s. ASKBN & Co, New Delhi, has been appointed as the secretarial auditors for a period of five years starting from FY 2025-26. Their fee is set at ₹18,000 for the first two years.

The financial results received an unmodified opinion from the statutory auditors, M/s AVRSK & Associates, indicating that the financial statements present a fair view of the company's financial position.

HFL continues to operate under discontinued operations status, following the Government of India's approval for closure of its unit/factory on January 29, 2020. The company has been undertaking closure activities, including making VRS payments to employees, settling bank loans, and disposing of plant and machinery.

As Hindustan Fluorocarbons moves forward with its closure process, these financial results and board decisions reflect the company's ongoing efforts to manage its affairs and comply with regulatory requirements during this transition period.