Collaboration for Sustainability in Mining
Hindustan Zinc Limited, a member of the prestigious Vedanta Group, is leading an ambitious initiative to establish India’s very first zinc tailings recycling facility. This project, which will be located at the renowned Rampura Agucha Mines, marks a significant step forward in the minerals processing sector. The mineral giant has partnered with CIMIC Group's companies, Sedgman and Leighton Asia, to build a facility that aims to recover valuable metals such as zinc and silver from previous mining waste.
Transforming Waste into Resources
The innovative facility will leverage advanced processing techniques to retrieve metals from previously processed tailings, thus transforming legacy waste into highly sought-after resources. This method aligns with a broader vision of sustainability and supports a circular economy framework within the mining industry, where waste is minimized, and existing resources are utilized more efficiently.
CEO's Vision for the Future
Arun Misra, the CEO of Hindustan Zinc Limited, emphasizes, "The next phase of industrial growth in India will hinge not just on our extraction efforts but on how creatively and intelligently we can leverage our current resources. This facility is a groundbreaking step away from traditional mining practices toward more sustainable and optimized operations. By pioneering this recycling project, Hindustan Zinc is charting a new course in resource management that could redefine how we perceive and utilize our mining assets. Our collaboration with Sedgman and Leighton Asia combines cutting-edge technology with exceptional execution capabilities to set unprecedented standards for responsible mining practices."
Investment and Future Ambitions
In tandem with the establishment of the recycling facility, Hindustan Zinc has outlined plans to double its production capacity. Recently, the company's Board has approved a substantial investment reaching ?3,823 crore aimed at constructing a tailings reprocessing facility with a capacity of 10 million tonnes per annum. The project is set for completion within 28 months from its commencement, further enhancing the company’s position within the mining sector.
Leadership in Minerals Processing
Juan Santamaría, the Chief Executive Officer of ACS Group and Executive Chairman of CIMIC Group, commented, "Through this project, we are asserting Sedgman’s prominence in the minerals processing field and showcasing Leighton Asia’s expertise in infrastructure execution. This project exemplifies our commitment to fostering development in critical minerals as we transition towards more sustainable global energy solutions. Recycling tailings not only recovers essential minerals but also inherently supports the clean energy technologies that propel digital infrastructure forward."
About Hindustan Zinc Limited
Hindustan Zinc Limited is renowned as the largest integrated zinc producer on a global scale. It has garnered recognition as the world’s most sustainable metals and mining company according to the S&P Global CSA for three consecutive years. Furthermore, it holds the distinction of being the first Indian corporation to join the International Council on Mining and Metals (ICMM).
Frequently Asked Questions
What is the purpose of the zinc tailings recycling facility?
The facility aims to recover valuable metals like zinc and silver from mining waste, transforming it into usable resources.
Who is partnering with Hindustan Zinc in this project?
CIMIC Group companies, Sedgman and Leighton Asia, are collaborating on the development of the facility.
What are the expected benefits of the project?
The project will not only reduce waste but also enhance resource optimization, contributing to a sustainable mining model and industry innovation.
How much investment is being made into the facility?
An investment of up to ?3,823 crore has been approved for the construction of the recycling facility.
When is the facility expected to be completed?
The recycling facility is targeted for completion within 28 months from the start of the project.
