Hindustan Zinc Ltd (HZL), a Vedanta group firm, is setting its sights on potash mining. The mining main is eyeing a block in Rajasthan that not solely holds potential for potash however might additionally yield lithium, a crucial mineral gaining world traction. The transfer marks a major shift for HZL because it seems past its conventional stronghold in zinc, lead and silver.
The corporate is planning a broad growth into crucial minerals of strategic significance, along with its core metals. Hindustan Zinc was just lately declared the popular bidder for the Dugocha gold block in Rajasthan, strengthening its portfolio in treasured metals.
“So all of the crucial mineral blocks, as I stated, we have now obtained gold…block, we have now obtained tungsten block. So Hindustan Zinc will develop past zinc, lead and silver,” Hindustan Zinc CEO Arun Misra advised PTI.
“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 possibilities of lithium affiliation there (within the potash block). So we are going to have a look at that,” Misra added.
Additional diversifying its asset base, Hindustan Zinc was awarded the Balepalyam Tungsten Block in Andhra Pradesh. The corporate is actively getting ready to take part in all upcoming mineral block auctions in India, with exploration efforts led by its subsidiary, Hindmetal Exploration Companies Pvt Ltd, which is concentrated on strategic minerals.
“I’m positive they (the corporate) will transform the most important personal explorer so far as India is anxious,” Misra defined.
India at the moment relies upon closely on potash imports, primarily from Russia, Canada, Belarus and Israel.
On April 25, HZL reported a 47.3 p.c surge in consolidated web revenue to Rs 3,003 crore for the quarter ended March 2025, pushed by file steel volumes and decrease manufacturing prices. It had posted a web revenue of Rs 2,038 crore in the identical interval a yr earlier.
HZL stays the world’s largest built-in zinc producer and ranks among the many prime 5 silver producers globally. The corporate provides to over 40 nations and instructions about 77 p.c of India’s main zinc market.
