Hindustan Zinc, VEXL Environ Projects sign pact to set up pilot project for waste management
Hindustan Zinc announced the signing of a "Memorandum of Understanding (MoU) to establish a pilot plant for pioneering sustainable solutions through waste utilisation and wealth creation," HZL said in a statement.
Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday entered into a pact with Bhopal-based VEXL Environ Projects for setting up a pilot project for converting waste products into usable resources.
The pact aligns with Hindustan Zinc's waste management strategy of reducing, recycling, reusing and reclaiming.
Hindustan Zinc announced the signing of a "Memorandum of Understanding (MoU) to establish a pilot plant for pioneering sustainable solutions through waste utilisation and wealth creation," HZL said in a statement.
This collaboration underscores the company's commitment to a circular economy, where waste becomes a valuable resource.
The project focuses on utilising waste products like jarosite and jarofix, generated during zinc extraction, for productive applications at pilot plant.
"This innovative partnership allows us to unlock the true value hidden within our waste streams, transforming them into valuable resources for a greener tomorrow," Hindustan Zinc CEO Arun Misra said.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
GAIL share price target: Should you buy, sell or hold GAIL shares? Here's what brokerages make of PSU's Q4 results
Top 7 SIP Mutual Funds in 1 Year: What Rs 10,000, Rs 15,000, and Rs 20,000 SIPs have given in each fund
Special Live Trading Session on Saturday: Know why BSE, NSE will remain open on May 18; check timings
If you make RDs of Rs 5,000, Rs 10,000, Rs 15,000, and Rs 20,000 in post office, what will be your maturity amount?
Atal Pension Yojana EPFO National Pension System SWP Retirement Planning schemes provide pension every month
Gold and Silver rate today (May 16, 2024): Yellow metal futures subdued; white metal hits record high breaches Rs 87,000 mark
07:41 PM IST