Hindustan Zinc Ltd (HZL), a Vedanta group company, aims for the extraction of the potash. The major mining envisages a block in Rajasthan which not only has potential potential but could also produce lithium, a critical mineral gaining global traction. This decision marks a significant change for Hzl because it looks beyond its traditional bastion in zinc, lead and money.
The company provides for a large expansion in critical minerals of strategic importance, in addition to its main metals. Hindustan Zinc has recently been declared the favorite bid of the Dugocha gold block to Rajasthan, strengthening his portfolio in precious metals.
“So, all the critical mineral blocks, as I said, we have gold … Block, we have a block of tungsten. So, Hindustan Zinc will extend beyond zinc, lead and money,” said the CEO of Hindustan Zinc, Arun Misra, PTI.
“We will extend in all critical minerals, according to what is a strategic interest for us, including not only minerals, including the potash … The potash is there in Rajasthan … (there are also chances of lithium association there (in the potash block). We will therefore examine this,” added Misra.
Diversity more diversifying its active basis, Hindustan Zinc received the Balepalyam Tungsten block in Andhra Pradesh. The company is actively preparing to participate in all the upcoming auctions in India, with exploration efforts led by its subsidiary, Hindmetal Exploration Services PVT LTD, which focuses on strategic minerals.
“I am sure they (the company) prove to be the largest private explorer with regard to India,” said Misra.
India currently depends strongly on potash imports, mainly from Russia, Canada, Belarus and Israel.
On April 25, Hzl announced a 47.3% increase in net profit consolidated to RS 3,003 crosses for the closed quarter March 2025, pulled by record metal volumes and production costs. He had displayed a net profit from RS 2,038 crosses during the same period a year earlier.
HZL remains the largest zinc producer integrated into the world and ranks among the five best money producers in the world. The company provides more than 40 countries and commands around 77% of the main Indian zinc market.
