Mumbai, Aug. 19 -- The said project is part of the company's plan to double its production capacity. The new plant, with a capacity of 10 million tonnes per annum (Mtpa), will be developed with an investment up to Rs 3,823 crore and is targeted for completion within 28 months from the zero date.

Tailings are the finely ground remnants left after mineral extraction. While these are considered as waste, they have plenty of residual metals and minerals which are difficult to extract. This facility will extract metals like zinc and silver from previously processed tailings, transforming waste into valuable resources.

Earlier this year, the company's board had approved the first phase of investments aimed at doubling the company's production...