Hindustan Zinc plans to develop into potash mining
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Dado Ruvic
Vedanta group firm Hindustan Zinc Ltd (HZL) plans to foray into potash mining and is eyeing a block in Rajasthan which has a good likelihood of getting lithium reserves additionally, a prime official of the corporate stated.
India closely depends on potash imports and has been exploring methods to cut back its dependence on imports. India’s potash imports primarily come from nations like Russia, Canada, Belarus, and Israel.
The corporate can also be planning to develop past base metals — zinc and lead — and treasured metallic silver in addition to all crucial minerals that are of strategic curiosity to the corporate.
Hindustan Zinc was declared as the popular bidder for Dugocha gold block in Rajasthan, ensuing in enlargement of its portfolio of treasured metals.
“So all of the crucial mineral blocks, as I stated, we’ve got bought gold…block, we’ve got bought tungsten block. So Hindustan Zinc will develop past zinc, lead and silver.
“We’ll develop into all crucial minerals, whichever is of strategic curiosity to us, together with not solely minerals, together with potash… Potash is there in Rajasthan… (There are) additionally probabilities of lithium affiliation there (in the potash block). So we are going to take a look at that,” Hindustan Zinc CEO Arun Misra advised PTI.
Hindustan Zinc Restricted was awarded the Balepalyam Tungsten Block in Andhra Pradesh.
He stated, the corporate is eyeing to take part in the public sale of all mineral blocks going down in the nation and added that its subsidiary Hindmetal Exploration Providers Pvt Ltd –focused on strategic mineral exploration notably in crucial minerals — is absolutely on the job.
“I’m positive they (the corporate) will end up to be the largest personal explorer so far as India is worried,” he defined.
Hindustan Zinc Ltd (HZL) on Friday reported a 47.3 per cent improve in consolidated web revenue at ₹3,003 crore in the quarter ended March 2025, backed by report metallic quantity and decrease manufacturing value.
The corporate had posted a web revenue of ₹2,038 crore in the year-ago interval.
HZL is the world’s largest built-in zinc producer and is among the many prime 5 silver producers globally. The corporate provides to greater than 40 nations and holds a market share of about 77 per cent of the first zinc market in India.
Revealed on April 27, 2025
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