Hindustan Zinc (HZL), a Vedanta group company and India’s leading Zinc-Lead-Silver producer, and VEXL Environ Projects Pvt Ltd (VEXL) announced today the signing of a Memorandum of Understanding (MoU) to establish a pilot plant for pioneering sustainable solutions through waste utilization and wealth creation. This collaboration underscores HZL's unwavering commitment to a circular economy, where waste becomes a valuable resource. The MoU was signed by Mr Arun Misra – CEO, Hindustan Zinc and Mr Bhaskar Bhattar – MD VEXL Environ Projects Ltd. As per the MoU, the company will be converting waste products into usable resources, minimizing environmental impact, and maximizing resource. The project focuses on utilizing waste products like jarosite and jarofix, generated during zinc extraction, for productive applications at pilot plant. During the occasion, Arun Misra, CEO, Hindustan Zinc said, “Our collaboration with VEXL Environ Projects represents a pivotal moment in our circular economy journey. We are pioneering waste-to-wealth creation strategies, setting new benchmarks for responsible mining practices and this innovative partnership allows us to unlock the true value hidden within our waste streams, transforming them into valuable resources for a greener tomorrow.” This partnership aligns with Hindustan Zinc’s waste management strategy – Reduce, Recycle, Reuse, and Reclaim. By leveraging cutting-edge technology and expertise, this collaboration sets a new benchmark for environmental responsibility and economic prosperity in the mining industry.