Hindustan Zinc Shares Up 2.5% on Virginia Tech Tie-Up

Shares of Hindustan Zinc Ltd surged 2.5% to hit the day’s high of Rs 607.90 on 5th March. This surge occurred after the company announced that it had signed a memorandum of understanding (MoU) with Virginia Tech. The MoU aims to advance research that will improve silver recovery across its lead–zinc concentrator operations.

In an exchange filing on 5th March, Hindustan Zinc said the partnership with Virginia Tech will focus on improving silver recovery through advanced scientific research.

The collaboration will study and refine flotation techniques — a method used to separate valuable metals from ore. In addition, it will optimise the use of reagents, which are specialised chemicals used in mineral processing. The aim is to enhance concentrate quality and improve efficiency at the company’s processing plants.

CEO Arun Misra said the next phase of growth in the metals and mining sector will be driven by science, innovation and collaboration. Moreover, he added that working with leading global institutions will help build capabilities for the future of mining.

Virginia Tech, a US-based public research university known for its expertise in mining and mineral engineering, will work closely with Hindustan Zinc. The two will examine metallurgical factors that influence metal recovery. This includes studying how reagents, minerals and water interact during the flotation process.

The research will also explore how recovery methods can adapt to changes in ore quality and plant conditions. Hindustan Zinc said the findings are expected to support both immediate operational gains and long-term plant optimisation.

As part of the tie-up, the company’s technical teams will participate in workshops, training programmes, and technical exchanges to strengthen in-house metallurgical expertise.

Last month, Hindustan Zinc had also signed a strategic MoU with the Tripura Group. The agreement is to operationalise a manufacturing unit at its proposed Zinc Park in Rajasthan.

At 1:21 PM, shares of Hindustan Zinc were trading 1.14% higher at Rs 598 on the NSE.

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