Hindustan Zinc, CMR Green Partner for Rajasthan Alloy Production

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Hindustan Zinc, CMR Green Partner for Zinc Alloy Plant in Rajasthan

Metal Stocks | In case the markets make a move towards haven assets, the US Dollar could also see some strengthening. Although, that has not been the case in recent times, a stronger US Dollar is generally negative for metals. The Nifty Metal Index was the third-best performing sectoral index in February, with gains of 8%. Stocks like Lloyds Metal, Tata Steel, Jindal Steel, Welspun Corp, SAIL, Adani Enterprises, and Vedanta gained between 10% to 15% last month.

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CNBC TV18•10-03-2026, 19:57

Hindustan Zinc, CMR Green Partner for Zinc Alloy Plant in Rajasthan

•Hindustan Zinc (HZL) signs MoU with CMR Green Technologies Ltd to establish a zinc alloy manufacturing facility.
•The plant will be located at the Zinc Park in Rajasthan, focusing on high-quality, low-emission zinc alloys.
•These alloys will serve automotive, infrastructure, die-casting, and consumer goods sectors.
•The project aims to boost downstream zinc value addition, sustainable processing, and India's self-reliance.
•Zinc Park, a joint venture with RIICO, is designed as a renewable energy-powered hub, leveraging HZL's nearby operations.

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