Hindustan Zinc, a part of the Vedanta Group, is set to diversify into potash mining, with a focus on a promising block in Rajasthan. This move is part of the company’s strategic plan to reduce India’s heavy reliance on imported potash.
Expanding Beyond Core Commodities
Traditionally focused on zinc, lead, and silver, the company is now venturing into critical minerals with significant strategic value. CEO Arun Misra emphasized the company’s commitment to broadening its mineral base, with particular attention to potash mining and other critical minerals essential for India’s long-term growth and self-sufficiency.
Strengthening Position in Precious and Strategic Minerals
The recent achievements further solidify its position in the sector. The company recently secured the Balepalyam tungsten block in Andhra Pradesh and won the preferred bidder status for the Dugocha gold block in Rajasthan. The acquisitions enhance the company’s footprint in the precious and strategic minerals space.
Ambitious Plans for Exploration
Through its exploration arm, Hindmetal Exploration Services, HZL plans to actively participate in all upcoming mineral block auctions across India. As reported by projectstoday.com, the company aims to establish itself as India’s largest private explorer, expanding its reach and capabilities across a range of critical mineral resources.
