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Vedanta-promoted Hindustan Zinc bets on industrial e-waste recycling

In September, Hindustan Zinc announced it would consider possible options for a separation of its business units into zinc, lead and silver, and recycling

Vedanta's Hindustan Zinc Limited
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Vedanta's Hindustan Zinc Limited

Amritha Pillay Mumbai

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Vedanta-promoted Hindustan Zinc (HZL) plans to explore opportunities in the recycling space, including extraction of metals from industrial residue and electronic waste, company executives said.

As part of the proposed business demerger, the company had earlier said that recycling would be a potential third business entity.

“Going forward, the world’s most valuable companies will be those which are in the recycling business," Arun Misra, chief executive officer of HZL, said.

He elaborates on the third proposed separate business unit of recycling.

In September, Hindustan Zinc announced it will consider possible options for a separation of its business units into –