Hindustan Zinc Partners Group Nirmal For Zinc Wire Facility; Shares Rise 2.69% 

Mumbai, May 12: Hindustan Zinc Limited announced a partnership with Group Nirmal to establish a zinc wire manufacturing facility at Zinc Industrial Park in Rajasthan, strengthening the company’s downstream manufacturing ecosystem focused on value-added zinc applications. 

Core Event Explained 

The company said in an exchange disclosure on Tuesday, that it has entered into a Memorandum of Understanding with Group Nirmal for setting up a zinc wire manufacturing unit at its Zinc Industrial Park located at Khankhala in Rajasthan’s Bhilwara district. 

According to company press release, the facility will manufacture zinc wire products using Hindustan Zinc’s Special High Grade zinc. The products are expected to cater to sectors including infrastructure, renewable energy, automotive and industrial engineering. 

The company stated that zinc wire is a critical input used in thermal spray coating and metallizing processes that provide anti-corrosion protection to steel structures including bridges, railways, transmission towers, ports and industrial installations. 

As per regulatory filing disclosures, the collaboration forms part of Hindustan Zinc’s broader strategy to build a downstream zinc manufacturing ecosystem in India through phased investor partnerships and industrial collaborations. 

The company added that the Zinc Industrial Park, developed in collaboration with Rajasthan State Industrial Development and Investment Corporation (RIICO), is designed to integrate raw material availability with value-added zinc production. The park is expected to attract investments across galvanizing, die-casting, zinc alloys, zinc oxide and advanced zinc applications. 

Hindustan Zinc Share Price Movement 

Hindustan Zinc share price rose 2.69% to ₹645.75 on May 12, 2026, as of 1:42 PM IST, compared with the previous close of ₹628.85. 

The stock traded between ₹642 and ₹653 during the session so far, according to exchange data. Market participants appeared to respond positively to the company’s continued expansion into downstream industrial applications and infrastructure-linked manufacturing segments. 

The development also reinforces the company’s positioning in corrosion-resistant industrial solutions, particularly amid sustained investment activity across infrastructure, renewable energy and transportation sectors. 

Company Background 

Hindustan Zinc Limited is among the world’s largest integrated zinc producers and is also one of the top global silver producers. The company operates across mining, smelting and refined metal production. 

The company is part of the Vedanta Group and supplies zinc, lead and silver products to domestic and international industrial markets. Its operations include underground mining assets, smelting complexes and downstream metal processing infrastructure. 

The Zinc Industrial Park initiative was first announced during the Rising Rajasthan Global Investment Summit held in December 2024. The company has since been expanding the project through strategic industrial partnerships intended to strengthen domestic manufacturing capabilities. 

Conclusion 

The partnership with Group Nirmal marks another step in Hindustan Zinc’s downstream manufacturing expansion strategy and aligns with the company’s efforts to support infrastructure-oriented zinc applications. 

The proposed zinc wire facility is expected to enhance supply chain integration within the Zinc Industrial Park while supporting demand for anti-corrosion solutions used in industrial and infrastructure projects. 

Source: 

• https://www.bseindia.com/xml-data/corpfiling/AttachLive/490003ca-5045-4cb8-9302-5e2eb94eee49.pdf 
• https://www.nseindia.com/get-quote/equity/HINDZINC/Hindustan-Zinc-Limited