Hindustan Zinc to Raise Rs 1,400 Crore via NCDs; Approves Tailings Recycling Facility

• Hindustan Zinc's panel approved raising Rs 1,400 crore through non-convertible debentures (NCDs) in two tranches.
• The NCDs, unsecured, redeemable, rated, and listed, will be issued in two parts: Rs 980 crore and Rs 450 crore, and will be listed on the BSE.
• The company also awarded contracts to Sedgman and Leighton Asia for a zinc tailings recycling facility at its Rampura Agucha Mines (RAM) in Rajasthan.
• This facility will use advanced processing to recover zinc and silver from previously processed tailings, turning waste into valuable resources.
• Arun Misra, CEO of Hindustan Zinc, highlighted the collaboration's aim to set new benchmarks for responsible mining.

Why It Matters: Hindustan Zinc secures Rs 1,400 crore funding via NCDs and invests in sustainable tailings recycling.