Hindustan Zinc Eyes Potash, Lithium Prospects In Rajasthan As It Expands Beyond Core Metals

Hindustan Zinc Ltd (HZL), a Vedanta group company, is mounting its sights connected potash mining. The mining awesome is eyeing a artifact successful Rajasthan that not only holds imaginable for potash but could besides output lithium, a captious mineral gaining world traction. The move marks a important displacement for HZL arsenic it looks beyond its accepted stronghold successful zinc, lead and silver.

The institution is readying a wide description into captious minerals of strategical importance, successful summation to its halfway metals. Hindustan Zinc was precocious declared nan preferred bidder for nan Dugocha golden artifact successful Rajasthan, strengthening its portfolio successful precious metals. 

"So each nan captious mineral blocks, arsenic I said, we person sewage gold...block, we person sewage tungsten block. So Hindustan Zinc will grow beyond zinc, lead and silver," Hindustan Zinc CEO Arun Misra told PTI.  

"We will grow into each captious minerals, whichever is of strategical liking to us, including not only minerals, including potash... Potash is location successful Rajasthan... (There are) besides chances of lithium relation location (in nan potash block). So we will look astatine that," Misra added.

Further diversifying its plus base, Hindustan Zinc was awarded nan Balepalyam Tungsten Block successful Andhra Pradesh. The institution is actively preparing to participate successful each upcoming mineral artifact auctions successful India, pinch exploration efforts led by its subsidiary, Hindmetal Exploration Services Pvt Ltd, which is focused connected strategical minerals.

"I americium judge they (the company) will move retired to beryllium nan biggest backstage explorer arsenic acold arsenic India is concerned," Misra explained.

India presently depends heavy connected potash imports, chiefly from Russia, Canada, Belarus and Israel.

On April 25, HZL reported a 47.3 percent surge successful consolidated nett profit to Rs 3,003 crore for nan 4th ended March 2025, driven by grounds metallic volumes and little accumulation costs. It had posted a nett profit of Rs 2,038 crore successful nan aforesaid play a twelvemonth earlier.

HZL remains nan world’s largest integrated zinc shaper and ranks among nan apical 5 metallic producers globally. The institution supplies to complete 40 countries and commands astir 77 percent of India’s superior zinc market.

Published on: Apr 27, 2025 6:35 PM IST