Hindustan Zinc Limited has announced a partnership with CMR Green Technologies Ltd. to establish a zinc alloy manufacturing facility at Zinc Park in Rajasthan. The collaboration aims to support downstream zinc applications and expand the industrial ecosystem around the metal.
The development forms part of the company’s broader effort to strengthen value addition and support sustainable metal processing in India.
Hindustan Zinc has signed a Memorandum of Understanding (MoU) with CMR Green Technologies Ltd., a non-ferrous metal recycling company. The agreement involves setting up a zinc alloy manufacturing facility at Zinc Park in Rajasthan.
The plant will focus on producing zinc alloys used in industries such as automotive, infrastructure, die-casting and consumer goods. These materials are valued for their corrosion resistance, strength and recyclability, making them suitable for a range of industrial applications.
The agreement marks the second major partnership linked to the development of Zinc Park, following an earlier collaboration with Tripura Group. The project is intended to create an integrated ecosystem for zinc-based industrial activity in the state.
Zinc Park is being developed jointly by Hindustan Zinc and the Rajasthan State Industrial Development and Investment Corporation (RIICO). The facility is planned as a renewable-energy-powered industrial hub that will support downstream manufacturing linked to zinc.
Its location near Hindustan Zinc’s operations in Chanderiya, Dariba and Debari is expected to provide logistical advantages and access to raw materials.
The facility planned by CMR Green Technologies will emphasise lower-emission production methods for zinc alloys. Recycled metal production can significantly reduce emissions compared with primary metal manufacturing.
Zinc alloys are widely used in die-casting components for sectors such as automobiles, electronics, appliances and infrastructure. The planned facility is expected to support growing demand while promoting metal recovery and reuse within industrial supply chains.
The Zinc Park initiative is designed to attract both MSMEs and larger industrial players involved in galvanising, die-casting, zinc oxide production and related activities. The project is intended to encourage industrial activity, job creation and downstream value addition in the state.
Through supply agreements, incentives and infrastructure support, the initiative aims to create an environment for manufacturers working with zinc-based materials.
Hindustan Zinc’s shares recorded a modest increase during the trading session on 11 March 2026. The stock rose around 1.32% to ₹597.75 compared with the previous close of ₹589.95.
The partnership between Hindustan Zinc and CMR Green Technologies reflects a broader push towards developing downstream industrial capabilities linked to zinc. By supporting alloy production and recycling-based processes, the initiative contributes to the growth of the Zinc Park ecosystem while encouraging sustainable practices in metal manufacturing.
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Published on: Mar 11, 2026, 10:01 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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