Hindustan Zinc signed MoU with Virginia Tech; shares jump over 2%

Shares of Hindustan Zinc jumped over 2% on Thursday after the company announced signing an MoU with Virginia Tech. The shares traded at ₹596 apiece on the NSE at 3:15 pm on Thursday.

Hindustan Zinc has signed a Memorandum of Understanding (MoU) with Virginia Tech, to advance research focused on improving silver recovery across its lead–zinc (Pb-Zn) concentrators (specialized processing plants where mined ore is treated through flotation to separate and concentrate valuable metals like lead, zinc, and silver).

As part of this collaboration, focused scientific studies will be undertaken to refine flotation methods and optimize the use of reagents (specialized chemicals added during processing to help separate and concentrate metals), supporting better concentrate quality and more efficient plant operations.

Virginia Tech, a globally recognized public land-grant research university based in Blacksburg, Virginia, is known for its expertise in mining engineering, mineral processing, and applied metallurgical research.

Through this partnership, Hindustan Zinc will work closely with the university to leverage global research perspectives and technical knowledge, contributing to stronger process understanding and ongoing improvements across its concentrator operations.

The collaboration will focus on building a deeper scientific understanding to enhance silver recovery across Hindustan Zinc’s Pb-Zn concentrators, considering current plant configurations as well as the variability expected in future ore types.

The study will examine key metallurgical factors influencing flotation selectivity and overall metal recovery, with particular emphasis on reagent-mineral-water interactions that play a critical role in process stability and concentrate quality.

Hindustan Zinc is engaged in the mining and smelting of zinc, lead and silver metal in India.