$HINDZINC in Focus After MoU to Explore Green Hydrogen Solutions

Summary: $HINDZINC has signed an MoU with Advantek Associates LLP and Aero Eagle Automobiles Pvt. Ltd. to assess green hydrogen and clean energy solutions across its mining operations. The partnership will evaluate the feasibility of hydrogen generation, storage, dispensing infrastructure, and hydrogen-powered equipment. It will also explore the use of Hydrogen Internal Combustion Engine (H2-ICE) and fuel-cell technologies for mining and industrial applications. A key focus is the potential deployment of hydrogen fuel solutions in underground mining, positioning Hindustan Zinc among the early adopters of this technology in India's mining sector. The initiative aligns with the company's long-term decarbonisation strategy, aiming to enhance operational efficiency, reduce emissions, and support sustainable mining practices. Following a phased feasibility assessment covering technical, operational, safety, environmental, and financial aspects, the project may be expanded across mining equipment, heavy machinery, vehicles, and other operational assets. Stock Update: Hindustan Zinc shares closed 1.71% higher at ₹573.20 on NSE on June 22. The stock has gained 2% in the past week but remains down over 9% in the last month and 6% on a year-to-date basis. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.