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Hindustan Zinc Signs MoU for Ecological Restoration Project in Rajasthan, India

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Hindustan Zinc (NSE:HINDZINC, BOM:500188) is planning a 250-hectare ecological restoration project at its Chanderiya Lead Zinc Smelter Complex in Chittorgarh, Rajasthan, according to a Saturday filing on Indian bourses.

Shares of the company fell over 1% in Monday's trade.

The memorandum of understanding with the Energy and Resources Institute involves restoration of industrial land into a biodiverse ecosystem, with the zinc and silver producer saying that the site will become the biggest green cover area within industrial premises.

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